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An Evaluation of the Effectiveness of Government Intervention in Education Sector

The issue of government intervention in the education sector is an integral element of considerations of human capital, which itself is a precursor to societal economic growth. On the one hand, it has...

by Markandeya Karthik | On 05 Dec 2021

Economic Survey 2020: Chapter 10-The Bare Necessities

Access to “the bare necessities” such as housing, water, sanitation, electricity and clean cooking fuel are a sine qua non to live a decent life. This chapter examines the progress made in providing a...

by Ministry of Finance | On 30 Jan 2021

Housing for All: A Goal Achievable by 2030

Urban Economy Forum 2020 echoes the global call for affordable housing for all. With over 1.8 billion people living in slums and informal settlements globally, the question remains, when will we be ab...

by Alex Venuto | On 07 Nov 2020

Shifting Paradigms in Urbanism

Covid-19 has provided a magnifying glass which highlighted the fragility of our urban systems and suggested new ways to address the related challenges. The aftermath of COVID many paradigms may change...

by | On 16 Oct 2020

Urban Development Perspectives of Affordable Housing Strategy

Although, under the current institutional dispensations, both national and local governments have significant roles to play in providing infrastructure, services and housing in urban areas, the limite...

by Narayanan Edadan | On 08 Oct 2020

Post Covid-19: Recovering and Sustaining India’s Growth

The paper discusses past virtuous growth cycles in India and argues that the post Covid-19 macro-financial package is an opportunity to trigger another such cycle, by raising marginal propensities t...

by Ashima Goyal | On 14 May 2020

Covid-19 Crisis, Pandemic Resilience and Linkages to Land: An Exposition

For a COVID-19 like pandemic, the Achilles heel is an unsuspecting villain – rapid and global land use changes. The way governments, businesses and communities see, relate to and use land, not only in...

by | On 12 May 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

The chapter examines progress as well as continuing concerns in G-20 led financial reforms, with particular emphasis on emerging markets (EMs). Although risks remain they are of a lower order of magni...

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

Previous studies find mixed results about how a fee on high order-to-trade (OTR) ratios impacts market quality. Using a natural experiment where such a fee was introduced twice for different reasons,...

by Nidhi Aggarwal | On 25 Apr 2019

Macroprudential Policy in Asian Economies

This paper analyzes the conduct and effects of macroprudential policy in 11 Asian economies. Of these, India, the People’s Republic of China, and the Republic of Korea frequently used loan-to-value ra...

by Soyoung Kim | On 23 Apr 2019

Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises

The paper will provide policy suggestions, such as establishment of credit guarantee funds for easing the female-owned SMEs’ access to finance in Asia. Implementation of supportive policies for female...

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

Determinants and Impacts of Financial Literacy in the Lao PD

The paper extends the literature by conducting the survey in a relatively low-income Asian economy— the Lao PDR—and analyzing the determinants of financial literacy and the effects of financial litera...

by Peter J. Morgan | On 12 Mar 2019

Rebalancing the Economy and Reforming the Fiscal System of the People’s Republic of China

The goal of the note is to lay out and discuss a package of reforms that could be consistent with the objectives of the government. The fiscal instruments that we consider here include the division of...

by Roy Bahl | On 07 Mar 2019

Money and Central Bank Digital Currency

This paper takes an overview of the concepts and features of central bank money and private sector money and focuses on the actual performance of these types of money in selected advanced and emerging...

by Sayuri Shirai | On 18 Feb 2019

The Growing Importance of Consumer Finance for Financial Inclusion in India

This paper examines the role of consumer finance, a high growth segment of the Indian financial sector in promoting financial inclusion. Consumer finance involves granting credit to consumers to enabl...

by Saon Ray | On 03 Feb 2019

Examining the Trade-Off Between Price and Financial Stability in India

In recent years, many emerging economies including India have adopted inflation targeting framework. Post the global financial crisis, there is a growing debate on whether monetary policy should targe...

by Ila Patnaik | On 23 Jan 2019

Impact of Intergovernmental Fiscal Transfers on Gender Equality in India: An Empirical Analysis

Intergovernmental fiscal transfers (IGFT) are, in theory, neither good nor bad for tackling gender inequalities. Fiscal federalism with asymmetry in revenue and expenditure assignments inevitably lead...

by Janet G. Stotsky | On 14 Jan 2019

Data Localisation in India: Questioning the Means and Ends

This paper classifies the arguments around data localisation into three broad categories - the civil liberties perspective; the government functions perspective and the economic perspective. It examin...

by Rishab Bailey | On 12 Jan 2019

UDAY Power Debt in Retrospect and Prospects: Analyzing the Efficiency Parameters

The Government of India launched the Ujwal DISCOM Assurance Yojana (UDAY), in November 2015, with an objective of “Power for All”. Under the UDAY scheme, selected States agreed to convert 75 per cent...

by Amandeep Kaur | On 11 Jan 2019

Analyzing the Dynamic Relationship between Physical Infrastructure, Financial Development and Economic Growth in India

The paper investigates dynamic relationship between physical infrastructure, financial development and economic growth in the case of India, using an Autoregressive Distributed Lag (ARDL) and Toda-Yam...

by Ranjan Kumar Mohanty | On 11 Jan 2019

Assessing Opportunities for Solar Lanterns to Improve Educational Outcomes in Rural Off-Grid Regions: Challenges and Lessons from a Randomized Controlled Trial

Solar lanterns are promoted across rural sub-Saharan Africa to improve both lighting in homes and educational outcomes. It undertakes a randomized controlled trial in Zimba District, Zambia, to evalua...

by Ognen Stojanovski | On 03 Jan 2019

How Do We Prevent a Food Crisis in the Midst of Climate Change?

The current global warming trends are extremely likely to be the result of human social and economic activity since the middle of the 20th century (NASA 2018). Evidence of rapid climate change varies...

by Kunmin Kim | On 21 Nov 2018

Indian Banks and the Prevention of Corruption Act: Freedom and Discipline

Selfless activists like Mr. Pai teach us the importance of continuously interrogating the functioning of our democracy. The NPA issue has persisted for almost a decade. It has eroded the profitability...

by Ashima Goyal | On 29 Oct 2018

Insights from Behavioral Economics on Current Policy Issues

The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...

by Ashima Goyal | On 29 Oct 2018

Do Local Currency Bond Markets Enhance Financial Stability?

This paper empirically tests conventional wisdom on the stabilizing effect of LCBMs. To do so, it analyses and compare the financial vulnerability of developing countries during two episodes of financ...

by Donghyun Park | On 26 Oct 2018

Skewed Credit and Growth Dynamics after the Global Financial Crisis

A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. The paper contributes to the finance–growth literatur...

by Gemma Estrada | On 19 Oct 2018

Harnessing Technology for Moe Inclusive and Sustainable Finance in Asia and the Pacific

This brief report documents facts of financial innovation in Asia and the Pacific that include: • Fintech redefines a specific sector at the intersection of financial services and technology sectors....

by Asian Bank | On 09 Oct 2018

Debt Traps? Market Vendors and Moneylender Debt in India and the Philippines

A debt trap occurs when someone takes on a high-interest rate loan and is barely able to pay back the interest, and thus perpetually finds themselves in debt (often by re-financing). Studying such pra...

by Dean Karlan | On 04 Oct 2018

The Changing Network of Financial Market Linkages: The Asian Experience

The paper investigates the changing network of financial markets for six periods from 1995–2016, constructing a network that captures the concepts of the direction of links between markets, the signif...

by Biplob Chowdhury | On 21 Sep 2018

Duration of Export Relationships of Philippine MSMEs

The study examines the survivability of Philippines MSMEs' exports to select countries. The analysis is based on the survival analysis model of Besedeš and Prusa (2006a; 2006b) and Besedeš and Prusa (...

by Mark Edison Bautista | On 20 Sep 2018

Financial Market Integration and Income Inequality

This paper uncovers novel empirical evidence that financial market integration and financial market development interact to change income inequality. When other things are controlled, the effect of fi...

by Jae wook Jung | On 11 Sep 2018

The Spread of Deposit Insurance and the Global Rise in Bank Asset Risk since the 1970s

The paper constructs a new measure of the changing generosity of deposit insurance for many countries, empirically model the international influences on the adoption and generosity of deposit insuranc...

by Charles W. Calomiris | On 03 Sep 2018

Green Energy Finance in India: Challenges and Solutions

The paper presents a granular understanding of the associated challenges of mobilizing such finances, drawing from the Indian perspective. It contributes to the present understanding by identifying th...

by Gopal K. Sarangi | On 24 Aug 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

The paper assesses the performance of India's managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on in...

by Ashima Goyal | On 24 Aug 2018

Financial Barriers to Development of Renewable and Green Energy Projects in Asia

The expansion of green renewable energy has been very limited in all the Asian countries, despite their various differences. The contributing factors are numerous, but, the financial factor has been t...

by Hooman Peimani | On 16 Aug 2018

Managing Credit Risk and Improving Access to Finance in Green Energy Projects

The cost of finance has a relatively high impact on the returns and viability of clean energy projects compared with fossil fuel-based energy projects, because the operating costs for renewable energy...

by Purkayastha Dhruba | On 13 Aug 2018

Financing Solar Photovoltaic Transition: From Utility to Residential Market Adoption in Emerging Economies

This paper examines the advantages and disadvantages of different financial schemes for introducing PV facilities in terms of the suitability of funding vehicles and investment mechanisms. Given the p...

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Credit Risk Reduction Effect on Small and Medium- Sized Enterprise Finance Through the Use of Bank Account Information

This paper verifies the impact of bank account information, such as information on deposits and withdrawals, that is not necessarily fully accounted for in conventional internal ratings and that can a...

by Naoko Nemoto | On 10 Aug 2018

Hazard Analysis on Public–Private Partnership Projects in Developing Asia

. This paper applies survival time hazard analysis to estimate how project-related, macroeconomic, and institutional factors affect the hazard rate of the projects. Empirical results show that governm...

by Minsoo Lee | On 25 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

Gross capital inflows and outflows to and from emerging market economies (EMEs) have witnessed a significant increase since early 2000s. This rapid increase in these flows accompanied by sharp rise in...

by Ashima Goyal | On 25 Jul 2018

Financial Inclusion, Financial Regulation, Financial Literacy, and Financial education in the Kyrgyz Republic

This paper discusses recent developments in financial inclusion and financial literacy in Kyrgyz Republic. While financial inclusion is considered one of the key drivers of today’s development, it is...

by Savia Hasanova | On 19 Jul 2018

Institutional Issues on Disaster Risk Reduction and Management

Ensuring the realization of the full potential of the incumbent DRRM policy requires appropriate sectoral and institutional translation of its espoused principles; reflecting more refined institutiona...

by Sonny N. Domingo | On 06 Jul 2018

Review of High-Value Agriculture in the Philippines with Comprehensive Subsectoral Focus: Livestock Industries

The main objective of this paper is to review the status and performance of the Philippine livestock sector. This review provides discourse on the livestock subsector’s performance over the years, and...

by Sonny N. Domingo | On 05 Jul 2018

The Structure of Origin-Based Social Network and Its Influence on Migration Diffusion: The Case of a Migrant-Sending Village in the Philippines

This study seeks to examine the structure of migration networks in a migrant-sending in the Philippines and to relate this to the diffusion of migration behavior in the village over time. Such socio-h...

by Aubrey D. Tabuga | On 29 Jun 2018

Analyzing Decisiveness of Migration Intentions: Social Kinship that Matters

This paper therefore argues that using aggregate measures like migration incidence in an area wherein homogeneity is assumed and obtaining a significant and positive effect may erroneously amplify the...

by Aubrey D. Tabuga | On 28 Jun 2018

Utilisation, Fund Flows and Public Financial Management under the National Health Mission

This study provides insights on how institutional architecture for public fund flows affects budget execution. Using the case of the National Health Mission (NHM) in India, it highlights how the rules...

by Mita Choudhury | On 15 Jun 2018

Fair play in Indian Health Insurance

In recent years there has been an increased role for health insurance in Indian health care, through government funded health insurance programs and privately purchased health insurance. Our analysis...

by Shefali Malhotra | On 15 Jun 2018

Federalism, Fiscal Asymmetries and Economic Convergence: Evidence from Indian States

This paper tests economic convergence across States in India by incorporating federal fiscal asymmetries and differentials in gross fixed capital formation at the state level. Using dynamic panel mode...

by Lekha Chakraborty | On 15 Jun 2018

Financial Globalisation and Economic Growth in South Asia

The paper examines the relationship between financial globalization and growth. While the existing literature suggests divergent conclusions and mostly in the case of developed countries, there is dea...

by N R Bhanumurthy | On 14 Jun 2018

Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan

This paper provides an analysis of financial inclusion, literacy, and education issues in the Republic of Tajikistan. It discusses the recent progress in financial inclusion and the sector’s response...

by Roman Mogilevskii | On 11 Jun 2018

Assessing the Effectiveness of IMF Programs Following the Global Financial Crisis: How Did It Change Since the Asian Crisis?

The paper identifies key features of International Monetary Fund (IMF)–supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borro...

by Carlos De Resende | On 09 Jun 2018

Cross- Border Portfolio Investment and Financial Integration in Asia and the Pacific Region

This paper examines the developments of cross-border portfolio assets and liabilities in the Asia and Pacific region over the periods of 2001–2017. Rapid increases in both portfolio foreign assets and...

by Sayuri Shirai | On 07 Jun 2018

Financial Inclusion, Financial Literacy, and Financial Education in AZerbaijan

This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial...

by Gubad Ibadoghlu | On 07 Jun 2018

Financial Inclusion, Regulation, Financial Literacy and Financial Education in Armenia

Financial inclusion has significantly advanced in Armenia during the last decade. Rural and urban areas, however, have benefited unevenly. The high cost of providing financial services, the lack of ph...

by Armen Nurbekyan | On 07 Jun 2018

Young Enterprises and Bank Credit Denials

By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, the paper tests whether young businesses are more likely to face credit reject...

by Danilo V. Mascia | On 06 Jun 2018

Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach

This paper proposes a panel approach in the construction of the Asia-Pacific Regional Cooperation and Integration Index (ARCII) to strengthen the index’s ability to track the progress of economic inte...

by Cyn-Young Park | On 06 Jun 2018

Global Banking Network and Regional Financial Contagion

This paper investigates and tests the role of regional exposures in financial contagion from advanced to emerging market economies through the global banking network using data on cross-border bilater...

by Cyn Young Park | On 31 May 2018

Determinants of Dividends among Indian Firms—An Empirical Study

The study aims to understand the determinants of dividend trends of Indian firms. The study was based on a sample of 31,234 firms representing 15 different industry sectors. Construction materials...

by | On 31 May 2018

Financial Inclusion: Indian Initiatives in the Global Perspective

This comprehensive paper attempts to critically evaluate the initiatives taken by India through the Reserve Bank of India in achieving financial inclusion and the efforts made...

by | On 28 May 2018

The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution

The Global Findex database is the world’s most comprehensive data set on how adults save, borrow, make payments, and manage risk. Launched with funding from the Bill & Melinda Gates Foundation, the da...

by World Bank [WB] | On 21 Apr 2018

Operating Performance of Initial Public Offering Firms after Issue in India – A Revisit

The paper examines how the operating performance of the Indian firms changed after their initial public offerings. It is found that the operating performance does not deteriorate post IPOs, if a per...

by Avdhesh Kumar Shukla | On 09 Apr 2018

Effects of Contract Governance on Public Private Partnership (PPP) Performance

This paper empirically examines the impact of differences in contract attributes on project outcomes. The hypothesis is to test whether better incentive structure and stricter administrative controls...

by Chandan Kumar | On 05 Apr 2018

Role of Bidding Method and Risk Allocation in the Performance of Public Private Partnership (PPP) Projects

This paper analyses the Indian PPP framework, including its bidding process and the standard concession agreement. The paper argues that the existing bidding method (i.e. premium/grant based method) c...

by Chandan Kumar | On 05 Apr 2018

Underemployment in India: Measurement and Analysis

This paper is about measurement and analysis of underemployment of labour. Here an index of underemployment is defined for a person who belongs to the labour force in usual status but may be employ...

by Subrata Mukherjee | On 04 Apr 2018

Field Visit on Springs and Springshed Management for Reviving Drying Springs

There is increasing evidence of drying springs, decreasing spring discharge, and deteriorating spring water quality in many parts of the HKH.

by International Centre Mountain Development | On 04 Apr 2018

Domestic Resource Mobilisation for Development: An Analysis for the Past Trends and Future Options

The paper says that average saving rate over 1990-91 to 1995-96 has been only 14.7 percent of GDP.

by Sarfraz Qureshi | On 30 Mar 2018

International Commodity Prices and Domestic Bank Lending in Developing Countries

We study the role of the bank-lending channel in propagating fluctuations in commodity prices to credit aggregates and economic activity in developing countries. We use data on more than 1,600 banks...

by | On 30 Mar 2018

Triggers and Barriers for ‘Exclusion’ To ‘Inclusion’ in the Financial Sector: A Country-Wise Scrutiny

There have been very few works focusing on the determinants and barriers of financial inclusion. The objective of this study is two folded. Firstly, to measure a efficient composite multi-dimensiona...

by | On 27 Mar 2018

Drinking Water and Well Being in India: Data Envelopment Analysis

The study examines the use of Data Envelopment Analysis (DEA) for the estimation of the well being from drinking water using ‘commodities and capabilities’ approach. DEA uses the general purpose li...

by | On 22 Mar 2018

Financial Inclusion: New Measurement and Cross-Country Impact Assessment

This paper introduces a new index of financial inclusion for 151 economies using principal component analysis to compute weights for aggregating nine indicators of access, availability, and usage. It...

by Rogelio V. Mercado, Jr. | On 20 Mar 2018

New Technology in Tertiary Education in India: Adoption and Impediments

The paper is based on a study that uses primary data collected from students of two private and two public universities located in the NCR. The survey was conducted during July-August, 2015. The Inf...

by Shampa Paul | On 19 Mar 2018

Women in the Economy: An Untapped Resource for Growth in the Asia-Africa Region

Ensuring Women’s their participation in the economy requires access to skills, technology and finance. India and Japan have supported such initiatives in Asia and Africa in the past, but a joint effor...

by Renana Jhabvala | On 15 Mar 2018

Global Downturn and Export Sector in India: Impact on Production, Export and Employment

The paper says that the recent (2007–09) global financial meltdown and the related economic recession are seen as the worst since the Great Depression of 1930s.

by S.K. Sasikumar | On 12 Mar 2018

Budget 2018: Uttar Pradesh Budget Speech

The Finance Minister of Uttar Pradesh Mr. Rajesh Agarwal presented the budget for Uttar Pradesh, for the financial year 2018-19, on 16 February 2018. The total outlay for the year is Rs. 4,28,384.52 c...

by Ministry of Finance | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

This paper seeks to draw lessons for developing countries based on a survey of the recent literature on financial globalization. First, while capital account openness holds promises (by potentially lo...

by Shang-Jin Wei | On 10 Mar 2018

Trade, Financial Flows and Stock Market Interdependence: Evidence from Asian Markets

Liberalization and globalization of Newly Industrialized Economies have contributed to increased integration of capital markets. This study tests whether convergence of macroeconomic variables and e...

by | On 27 Feb 2018

Internationalisation of the Rupee

This paper evaluates the current status of the Indian Rupee as an international currency using the Chinn and Frankel (2008) framework, and explores the possibility of future Indian Rupee international...

by Shekhar Hari Kumar | On 27 Feb 2018

Micro Finance and Poverty Alleviation:The Case of Kerala's Kudumbashree

This paper says that micro finance is an emerging reality in contemporary development discourse and has come to occupy a significant place in financial intermediation in India.

by M.A. Oommen | On 27 Feb 2018

Determinants of R&D Behavior of Foreign Firms in India

In the recent past researchers have observed paradigm shifts in the location and nature of R&D activities undertaken by multinationals in host countries. India is one of the host countries for the R...

by Savita Bhat | On 13 Feb 2018

Union Budget 2018-19: Budget for Children in New India

India is currently going through a major demographic transition and it is this transition that is going to make India one of the world’s youngest countries with largest young population. Of this you...

by HAQ: Centre for Child Rights | On 05 Feb 2018

Of Hits and Misses: An Analysis of Union Budget 2018-19

The report presents a comprehensive analysis of the budgetary provisions for important social sectors and the vulnerable sections of the population. It also presents an overview of the fiscal indicat...

by Centre for Budget and Governance Accountability CBGA | On 05 Feb 2018

BMC Budget 2018: Budget Estimates E

The estimates of income, receipts and expenditure for the financial year 2018-19 with respect to the budget “E” (Primary Education) Fund Code – 30, as required under the provisions of section 126C...

by Ajoy Mehta | On 05 Feb 2018

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

by T.M. Thomas Issac | On 05 Feb 2018

Economic Survey 2017: Volume II, Chapter 2: Review of Fiscal Developments

Sound public financial management has been one of the pillars of India’s macro-economic stability in the last three years. Based on this firm footing, the Government, in partnership with the States,...

by Arun Jaitley | On 31 Jan 2018

China’s Development Finance to Asia: Characteristics and Implications

The paper ends with a discussion of the implications of possible shift in China's overseas development finance strategy since 2011.

by Oh Ah | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 3: Investment and Saving Slowdowns and Recoveries: Cross-Country Insights for India

This chapter draws on cross-country experience to study the pattern of investment and saving slowdowns as well as recoveries in order to obtain policy lessons for India. One finding is that investme...

by Arun Jaitley | On 31 Jan 2018

Social Infrastructure: Way Forward

The tenth chapter of Economic Survey 2018 has sown that investments in social infrastructure and human development has paid off well. The policies and schemes have also been mentioned in detail. The g...

by Lakshmi Priya | On 31 Jan 2018

Budget Speech Jharkhand 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Budget Speech Jharkhand- 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Mitigating Threats to Girls's Education in Conflict Affected Contexts: Current Practice

Conflict amplifies existing power dynamics and inequalities in families and societies because of the insecurity and fear caused by the upheaval of support structures. Conflicts generally result in the...

by | On 22 Jan 2018

Forward and Backward Linkages of Migrants to Slums in Delhi

Linkages with the native place as well as integration within the city constitute backward and forward linkages of slum dwellers. Remittances are important part of these linkages. The paper explores t...

by | On 18 Jan 2018

A Guide to Using Budget Analysis

Budget analysis entails analysis and assessment of budget from the lens of marginalised sections of population with the objective of prioritisation of public expenditures and collection of revenues...

by Happy Pant | On 17 Jan 2018

Impact Assessment Study of Digital Saksharta Abhiyan

An "Impact Assessment Study of the Digital Saksharta Abhiyan under National Digital Literacy Mission” was initiated in November 2016 by Centre for Innovations in Public Systems (CIPS), Hyderabad, Te...

by Centre for Innovations in Public System | On 16 Jan 2018

Cross-Border Spillover Effects of the G20 Financial Regulatory Reforms

The paper also emphasize the need for regulatory consistency within and between jurisdictions to ensure a level playing field.

by Clive Briault | On 15 Jan 2018

Strategic Roadmap for Implementation of UDAY Scheme

This study analyses the concerns/challenges in executing the operational targets set under the UDAY scheme for two DISCOMs in Karnataka, namely, Mangalore Electricity Supply Company Limited (MESCOM)...

by Rishu Garg | On 11 Jan 2018

Financial Literacy in Japan: Determinants and Impacts

Financial literacy is gaining increasing importance as a policy objective in many countries. However, internationally comparable information on financial literacy is still scarce. Recently, the Bank o...

by Naoyuki Yoshino | On 21 Dec 2017

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

Using data from more than 6,000 manufacturing firms in India for 1996–2008, we investigate the impact of financial constraints on the exporting behavior of Indian manufacturing firms while also focusi...

by Hiro Ito | On 21 Dec 2017

Survey of Parental Contribution in Basic Education

The Survey of Parent Contributions to Basic Education was required as a deliverable of ACDP 6, Free Basic Education Strategy. Its draft methodology and instruments were approved as a part of the proje...

by | On 19 Dec 2017

Evolution of the Infant Health Production Function

This article provides a systematic review of the published literature to date on infant health production and how it has evolved over the past 3-4 decades as data have become more available, computing...

by Hope Corman | On 19 Dec 2017

Getting the Right Teachers into the Right Schools: Managing India’s Teacher Workforce

This study comes at a pertinent moment in the history of education in India, when there is a lot of pressure to improve the quality of schools and ensure that children learn. The Right to Education (R...

by Vimala Ramachandran | On 08 Dec 2017

How Does Socio-Economic Factors Force Children into Child Labour? A case study of Sahiwal district, Punjab, Pakistan

This study analyzes the socio-economic factors that force children into child labour. In order to find out the key factors of child labour, the techniques of univariate analysis and bivariate analysis...

by Syed Kazm | On 01 Dec 2017

How Government Funds Help To Reduce Poverty?: A Case Study of CIF & BISP in Sindh

The study analyzes the impact of these programmes over a specific period of six years.

by Junaid Zahid | On 17 Nov 2017

Tariff Liberalization and Trade Specialization in India

Since the early 1990s, India has embarked on economic reforms that have progressively opened up the country to international trade. This paper analyzes the effects of reform on India’s trading struc...

by Michele Alessandrini | On 17 Nov 2017

The Status of Financial Inclusion, Regulation, and Education in India

India’s financial inclusion agenda has witnessed a paradigm shift over the last decade, away from an emphasis on credit to a more comprehensive approach toward financial services (e.g., opening bank a...

by | On 16 Nov 2017

Outsourcing Under Incomplete Information

The Author considers outsourcing decision of a firm in a Cournot duopoly with incomplete information. There is incomplete information about the production technology of one firm. It is shown that outs...

by Tarun Kabiraj | On 14 Nov 2017

Management of Capital Flows in India

Increased integration with global financial markets has amplified the complexity of macroeconomic management in India. The diverse objectives of a robust growth rate, healthy current account deficit,...

by Abhijit Sen Gupta | On 13 Nov 2017

Housing Markets and Housing Policies in India

Issues of housing in India are synonymous with ignorance of housing in active government involvement at the policy and program formulation levels. They are also due to the problems that unplanned urba...

by | On 13 Nov 2017

Capital Flows and Financial Stability in Emerging Economies

There is mixed evidence for the impact of international capital flows on financial sector's stability. This paper investigates the relationship between components of gross capital flows and various fi...

by | On 10 Nov 2017

Price Discovery in some Primary Commodity Markets in India

With the onset of wide-ranging economic reforms in India in 1991, agents have been exposed to increased price risk in commodity markets. Futures markets are one important instrument for reducing price...

by Raushan Kumar | On 07 Nov 2017

Impact Assessment Study of Digital Saksharta Abhiyaan

An "Impact Assessment Study of the Digital Saksharta Abhiyan under National Digital Literacy Mission” was initiated in November 2016 by Centre for Innovations in Public Systems (CIPS), Hyderabad, Tela...

by | On 03 Nov 2017

BRICS AND Illicit financial flows

There is a growing sense of anguish among the citizens across the world with the increasing number of public disclosures exposing how a small group of global elite (individuals as well as MNCs) have b...

by | On 25 Oct 2017

Affordable Housing in Urban India

The report narrates that threefold increase in percapita income in urban areas is expected during this period of time.

by S.V. Ranganath | On 12 Oct 2017

Trade Misinvoicing: What can we measure?

The existing studies on trade misinvoicing have focussed on the discrepancy in reported trade statistics between developing and developed countries. The estimates based on such methods rely on the ass...

by Suranjali Tandon | On 10 Oct 2017

Creating Solar Parks in Cities

These consumers expect stable returns and minimal hassles.

by Saptak Ghosh | On 10 Oct 2017

Selecting Appropriate Methodological Framework for Time Series Data Analysis

This paper discusses the properties of time series data, compares common data analysis methods and presents a methodological framework for time series data analysis

by Dr. Min Shrestha | On 09 Oct 2017

Measuring Competition in the Banking Sector of Pakistan: An Application of Boone Indicator

The banking sector of Pakistan has witnessed a notable transformation in its structure and business activities following the implementation of financial sector reforms since the early 1990s. Specific...

by Mahmood ul Hasan Khan | On 09 Oct 2017

Central Bank Communication: The Practice in Nepal Rastra Bank and Impact on Inflation

The paper says that it will contribute to make monetary policy more effective and thus enhance its impact.

by Sarthak Karki | On 06 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

The analysis showed that the relationship of financial literacy of small borrowers was significant with their financial attitude and behavior.

by Ramesh Chaulagain | On 06 Oct 2017

Examining the Eco-Macroeconomic Performance Index of India: A Data Envelopment Analysis Approach

The prime objective of the paper is to construct a robust macroeconomic performance (MEP) index of India using Data Envelopment Analysis (DEA) approach. Six major macro indicators, namely, economic gr...

by Ranjan Kumar Mohanty | On 05 Oct 2017

Universalizing Elementary Education in India

Despite the promise in the Constitution of India (1950) to establish universal elementary education within a decade, for many years this goal received neither the attention of politicians nor the reso...

by United Nations (UN) | On 03 Oct 2017

An Assessment of the Community Mortgage Program Implementation Strategy

The study also provides recommendations on how the identified issues can be addressed.

by Marife M. Ballesteros | On 29 Sep 2017

Optimal Inflation Rate for Nepal

This paper estimates the optimal inflation rate in Nepal based on the data of the period 1978–2016.

by Nepal Rastra Bank Research Department NRB | On 28 Sep 2017

East Asian Financial and Economic Development

Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the 1930s. South Korea, among the world’s poorest countries in the 1960s,joined the rank...

by Randall Morck | On 25 Sep 2017

Financial Inclusion, Information and Communication Technology Diffusion and Economic Growth: A Panel Data Analysis

The present study has first examined whether ICT development can be an important determinant of Financial Inclusion by using a fixed effect panel data model. The results show that ICT is indeed an i...

by Amrita Chatterjee | On 25 Sep 2017

The Plutocratic Bias in the Indian CPI

The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater wei...

by Dilip M. Nachane | On 18 Sep 2017

Non-Performing Assets in Indian Banks: This Time it is Different

Growing non-performing assets is a recurrent problem in the Indian banking sector. Over the past two decades, there have been two such episodes when the banking sector was severely impaired by balance...

by Rajeswari Sengupta | On 18 Sep 2017

Slowdown in Bank Credit Growth: Aggregate Demand or Bank Non-Performing Assets?

This paper tests the bank lending channel against the aggregate demand channel as an explanation for slow credit growth by estimating the determinants of credit and of non- performing assets (NPAs) us...

by Ashima Goyal | On 15 Sep 2017

Monetary Transmission in India: Working of Price and Quantum Channels

The paper examines the strength and efficacy of transmission from the policy rate and liquidity provision to market rates in India, using event window regression analysis. The paper finds the interest...

by Ashima Goyal | On 15 Sep 2017

Augmenting Small Farmers Income Through Rural Non-Farm Sector: Role of Information and Institutions

The paper discusses the nature and extent of non-farm activities in India using India Human Development Survey unit record data. An exercise carried out to understand the determinants of income from n...

by Meenakshi Rajeev | On 11 Sep 2017

Strengthening India’s External Intelligence Infrastructure: An Assessment

This paper attempts to outline a number of points, which would help to develop a more superior external intelligence infrastructure.

by Shantanu Bansal | On 28 Aug 2017

Indian Food and Welfare Schemes: Scope for Digitization Towards Cash Transfers

The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performanc...

by Shweta Saini | On 21 Aug 2017

Training of Trainers Module on Sustainable Development Goals and Gram Panchayats

The report narrates that ensure access to social protection measures for the poor and the vulnerable.

by United Nations Development Programme (UNDP) | On 16 Aug 2017

Public Procurement in India: Assessment of Institutional Mechanism, Challenges, and Reforms

The present study assesses the public procurement system and recent reform initiatives in India and outlines the need for changes in the institutional frameworks.

by Bhabesh Hazarika | On 09 Aug 2017

Report of The Committee to Review Governance of Boards of Banks in India

The Report projects, under different scenarios, the capital requirements till March 2018 in order that provisions are prudent, there is adequate balance sheet growth to support the needs of the econom...

by Reserve Bank of India RBI | On 08 Aug 2017

Report of the Working Group on Resolution Regime for Financial Institutions

The report narrates the recent global financial crisis demonstrated the shortcomings of the frameworks to handle the failure of large and systemically important financial institutions, also known as “...

by Reserve Bank of India RBI | On 08 Aug 2017

Scarcity at the End of the Month: First Results from a Field Experiment in Bangladesh

This paper reports results of a ?eld experiment designed to test how the timing of wage payments a?ects consumption and ?nancial behaviors. Salaried employees in a large manufacturing ?rm were paid a...

by Emily Breza | On 07 Aug 2017

Report of the Working Group on Development of Corporate Bond Market in India

It has been well recognized that a well-developed corporate bond market complements a sound banking system in providing an alternative source of finance to the real sector for its long-term investme...

by Securities Board of India | On 04 Aug 2017

A Measure of Finance-Neutral Output Gap for India

In the Indian context, the present literature on estimation of potential output - the level of output that an economy can produce sustainably over the medium term is based on an understanding that sus...

by Deba Prasad Rath | On 04 Aug 2017

Corporate Leverage in EMEs: Has the Global Financial Crisis Changed the Determinants?

Has the global financial crisis changed the pivotal determinants of corporate leverage in EMEs? This paper attempts to address this issue using a panel-GMM framework and quantile-analysis for 10 maj...

by Snehal S. Herwadkar | On 04 Aug 2017

Comments of the Reserve Bank of India on A New Capital Adequacy Framework

The report narrates that the Accord provided a framework for a fair and reasonable degree of consistency in the application of capital standards in different countries, on a shared definition of capit...

by Reserve Bank of India RBI | On 03 Aug 2017

Balance of Payments Manual for India

The report says that the BoP, thus, includes all transactions showing: (a) transactions in goods, services and income between an economy and the rest of the world, (b) changes of ownership and other c...

by Reserve Bank of India RBI | On 03 Aug 2017

Parents’ Perceptions of the Singapore Primary School System

In 2016, the Institute of Policy Studies (IPS) conducted a Survey on Parental Perceptions of Education with 1,500 citizen and PR parents to obtain a quantitative picture of sentiments towards Singapor...

by Mathew Mathews | On 01 Aug 2017

Accelerating Workforce Reskilling for the Fourth Industrial Revolution

The way we work, the skills we need to thrive in our jobs and the trajectories of our careers are rapidly evolving. These changes—driven by technological innovation, demographics, shifting business mo...

by World Economic Forum [WEF] | On 01 Aug 2017

Jati, Local Public Goods and Village Governance: Private Actions and Public Outcomes

This paper purports to understand whether voting along narrow parochial lines in socially and ethnically fragmented societies has measurable gains. Using data from rural India, we establish that ident...

by Raghbendra Jha | On 31 Jul 2017

Reconfiguring International Financial Institutions: The BRICS Initiative

This paper examines the implications of the establishment of the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) for the international financial system and for the BRICS coun...

by Manmohan Agarwal | On 31 Jul 2017

Is Nepal’s Renewable Energy Subsidy Reaching Poor People of Rural Areas? A Study of Biogas and Solar Home Systems

This paper analyse data from the Nepal Living Standard Survey for the year 2010/11 to determine the extent to which these programs have reached the poor. The Government of Nepal has been providing fin...

by Dipendra Bhattarai | On 28 Jul 2017

Gender Matters in Economic Empowerment Interventions: A Research Review

The article reviews the recent evaluation evidence on financial services and training interventions designed to increase the productivity and income of the poor; it includes the subset of evaluation...

by Mayra Buvinic | On 28 Jul 2017

Sanitation Tool Compendium

This document provides a list of sanitation tools; organisation of the same based on their specific features; and factsheets corresponding to every tool, which cover the objectives, descriptions, ad...

by Shramana Dey | On 27 Jul 2017

The Corporate Social Responsibility Act in India: An Early Assessment

This paper aims at providing an early assessment of the response by firms to this Act. It examines the extent to which the CSR Act has led firms to comply and increase the share of profits being spent...

by Sangeeta Bansal | On 27 Jul 2017

Developing a Biomedical R&D and Innovation Landscape for India: A Scoping Study

WHO SEARO has sought to fulfill its vision of building a national level biomedical R&D and innovation observatory. In this report we have focused on the feasibility of establishing a national observat...

by | On 27 Jul 2017

Are Mobile Financial Services Promoting Financial Inclusion in Bangladesh? An Assessment Study

Despite rapid progress of the financial sector in Bangladesh, there are concerns that banks have not been able to include a vast segment of the population, especially the underprivileged sections and...

by Bilkis Sultana | On 26 Jul 2017

Can Leaders Promote Better Health Behavior? Learning from a Sanitation and Hygiene Communication Experiment in Rural Bangladesh

This study looks at the roles that local women leaders can play in addressing the important environmental health issue of sanitation and hand hygiene by improving access to quality sanitation and hygi...

by Atonu Rabbani | On 25 Jul 2017

Gender Equality Results Case Study: Bangladesh - Small and Medium-Sized Enterprise Development Project

The report narrates that in Bangladesh, women-owned SMEs have different characteristics when compared with men-owned SMEs and tend to face specific challenges and obstacles.

by Asian Development Bank Institute | On 25 Jul 2017

East Asia Department Knowledge Management Initiatives in 2014

This annual publication showcases the results of knowledge management initiatives of the East Asia Department of the Asian Development Bank in 2014.

by Asian Development Bank Institute | On 24 Jul 2017

Making Money Work: Financing a Sustainable Future in Asia and the Pacific

This report explores some of the ways forward. It highlights not just the need to inject more money into investments that contribute to sustainable development, but also to attract funds toward them—t...

by Asian Development Bank Institute | On 21 Jul 2017

Households' Inflation Expectations in India: Role of Economic Policy Uncertainty and Global Financial Uncertainty Spill-over

Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation expectations of general public based on the Infla...

by Taniya Ghosh | On 21 Jul 2017

Asian Development Outlook (ADO) 2017 Supplement: Cautious Optimism for Asia's Outlook

With export demand stronger than expected in the first quarter of 2017, the region’s GDP is forecast to expand somewhat faster than forecast in April in Asian Development Outlook 2017.

by Asian Development Bank Institute | On 20 Jul 2017

Reforming the Financing System for the Road Sector in the People’s Republic of China

The People’s Republic of China (PRC) implemented a Fuel Tax Reform in 2009 that made significant changes to the way the country funds and delivers its ‘ordinary road’ program.

by Asian Development Bank Institute | On 17 Jul 2017

Facilitating Foreign Exchange Risk Management for Bond Investments in ASEAN+3

The report says that the bond investors typically have a long position in local currency bond markets. To manage their foreign exchange risk, they may want to hedge that exposure for a period of time.

by Asian Development Bank Institute | On 12 Jul 2017

Economic Analysis of Climate-Proofing Investment Projects

This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidat...

by Asian Development Bank Institute | On 10 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

The results of this study can be used to strengthen the institutional and statistical capacities of Georgia to routinely collect, compile, analyze, and disseminate internationally comparable financial...

by Asian Development Bank Institute | On 07 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

The results of this study can be used to strengthen the institutional and statistical capacities of Viet Nam to routinely collect, compile, analyze, and disseminate internationally comparable FSIs tha...

by Asian Development Bank Institute | On 07 Jul 2017

Financial Soundness Indicators for Financial Sector Stability: A Tale of Three Asian Countries

This report presents country-case studies for Bangladesh, Georgia, and Viet Nam focusing on growing evidences in the development of financial soundness indicators to effectively monitor the financial...

by Asian Development Bank Institute | On 06 Jul 2017

Asia Bond Monitor - September 2015

The publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. This issue includes a special section on Sukuk (Islamic bonds)...

by Asian Development Bank Institute | On 06 Jul 2017

Gender Mainstreaming Case Study: Sri Lanka - North East Coastal Community Development Project and Tsunami-Affected Areas Rebuilding Project

This case study looks at the gender dimensions of two projects that focus on the community development component that advocated community participation, social inclusion, and gender equality in commun...

by Asian Development Bank Institute | On 05 Jul 2017

Asia Bond Monitor - November 2015

The report says that yields for 10-year local currency (LCY) government bonds in emerging East Asia were mostly down between 1 September and 31 October. Investor confidence was buoyed as financial mar...

by Asian Development Bank Institute | On 29 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

This paper presents a summary of a technical assistance project on the development of disaster risk financing solutions for the cities of Can Tho and Hue and, by extension, for other cities in Viet Na...

by Asian Development Bank Institute | On 26 Jun 2017

Asian Economic Integration Report 2015: How Can Special Economic Zones Catalyze Economic Development?

The report is an annual review of Asia’s regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue includes Special Chapter: How Can Sp...

by Asian Development Bank Institute | On 23 Jun 2017

Asia Bond Monitor - June 2017

This issue of the Asia Bond Monitor includes two special discussion boxes. Box 1 discusses the risks to emerging Asia’s financial stability under tightening global liquidity conditions. Box 2 discusse...

by Asian Development Bank Institute | On 23 Jun 2017

Digital Financial Services in the Pacific: Experiences and Regulatory Issues

This report examines the current use of DFS in the Pacific, analyzes the issues that need to be addressed, and provides recommendations for increasing financial inclusion in the region.

by Asian Development Bank Institute | On 14 Jun 2017

From Toilets to Rivers: Experiences, New Opportunities, and Innovative Solutions: Volume 2

The project briefs are culled from case studies of good practices, new approaches, and working models on sanitation and wastewater management from different countries, and demonstrate solution options...

by Asian Development Bank Institute | On 05 Jun 2017

Myanmar Transport Sector Policy Note: How to Improve Road User Charges

This report presents a preliminary economic analysis of road user costs and fees, partly drawing from the World Bank’s Road User Charge (RUC) model and analysis framework, and a review of the tolling...

by Asian Development Bank Institute | On 01 Jun 2017

Changing Tax Capacity and Tax Effort of Indian States in the Era of High Economic Growth, 2001-2014

Growing demand for public expenditures, limitations in expanding fiscal space and limited scope to deviate from common harmonized tax system under the proposed Goods and Services Tax (GST) regime may...

by Sacchidananda Mukherjee | On 25 May 2017

Finding Balance 2016: Benchmarking the Performance of State-Owned Enterprises in Island Countries

This study of state-owned enterprises performance in the Pacific emphasizes political commitment to reform as a key driver for commercial results.

by Asian Development Bank Institute | On 23 May 2017

Uncovering Heterogeneity in the Relationship between Competition, Corporate Governance and Firm Performance using Quantile Regression on Indian Data

This paper investigates the relation between product market competition, corporate governance and firm performance in Indian manufacturing industries covering the period 2005-2015. Evidence suggests t...

by Indrani Chakraborty | On 19 May 2017

ASEAN+3 Bond Market Guide 2016: Malaysia

According to data published on AsianBondsOnline, total LCY bonds outstanding in Malaysia barely moved in the third quarter of 2015 compared with the previous quarter, standing at MYR1,076 billion at t...

by Asian Development Bank Institute | On 16 May 2017

Credit Guarantees: Challenging Their Role in Improving Access to Finance in the Pacific Region

This paper draws on the background research by Saumya Mitra. PSDI thanks Erik Aelbers for preparing Appendix 2: Credit Guarantee Schemes in the Pacific, and Melissa Dayrit and Amanda Lucas-Frith for h...

by Asian Development Bank Institute | On 11 May 2017

Asia Bond Monitor - November 2016

This issue of the Asia Bond Monitor includes Local currency (LCY) government bond yields in advancedeconomies and emerging East Asia climbed between 31 October and 18 November due to increased concern...

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

The reports notes the regional cooperation and integration (RCI) in Asia and the Pacific continues to evolve, creating an important source for the region’s dynamic growth. This report assesses the RCI...

by Asian Development Bank Institute | On 10 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

The research focuses on financial exclusion in three segments: base of pyramid (BoP); women; and micro, small, and medium enterprises (MSMEs). From our research, we estimate that addressing this oppor...

by Asian Development Bank Institute | On 09 May 2017

Compliance in Letter and Compliance in Spirit? - Evidence from Board and Audit Committee Meetings in India

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance ...

by Subrata Sarkar | On 03 May 2017

Can Conditional Transfers Eradicate Child Marriage?

Conditional cash transfers are increasingly being used by policymakers as a strategy to postpone the marriage of adolescent girls in developing countries. While this approach has met with success in t...

by | On 27 Apr 2017

Promotion Incentives in the Public Sector: Evidence from Chinese Schools

We provide evidence that promotion incentives influence the effort of public employees by studying China’s system of promotions for teachers. Predictions from a tournament model of promotion are teste...

by | On 06 Mar 2017

Poverty Targeting Through Public Goods

In national accounts, government expenditures are used to measure the value of public spending. These expenditures grossly overestimate the value of services received by Indian households because th...

by Anders Kjelsrud | On 01 Mar 2017

Development Planning and 'Urban' Context: Reflections on the Indian Scene

Through a broad portrayal of character of its development, changing urban patterns, nature of urban economic structure and contents of urban development policies, this paper takes a political econom...

by Biswaroop Das | On 17 Feb 2017

Caste Connections and Government Transfers: The Mahadalits of Bihar

The category of Scheduled Castes, created for the purpose of affirmative action in India, is large, heterogeneous and unequal. In 2007, the state of Bihar classified the most disadvantaged among thi...

by Hemanshu Kumar | On 16 Feb 2017

Economic Status and Adult Mortality in India

Research on economic status and adult mortality is often stymied by the reciprocity of this relationship. While financial resources increase access to healthcare and nutrition and reduce mortality, si...

by | On 15 Feb 2017

What Do the Numbers Tell? An Analysis of Union Budget 2017-18

Budget 2017-18 is placed at an important juncture when there has been a thrust by the government for a digitised and a consequent cashless economy with the demonetisation of high value currency note...

by Centre for Budget and Governance Accountability CBGA | On 03 Feb 2017

Latest Highlights of Union Budget Rally 2017

These are the latest union budget highlights. Gear up to enjoy subsidies, pay newer taxes and enjoy greater freedom, as that covers a major part of the Union Budget 2017.

by | On 01 Feb 2017

Improving Farmers’ Income and Employment through Budget 2017

The 2017 Budget would be special in two ways – first, it would be presented by Finance Minister on 1st February, 2017. Usually, it was presented in the last week of February each year. It will give...

by Amarnath Tripathi | On 25 Jan 2017

Climate Change: Impacts, Vulnerabilities and Adaptation in Developing Countries

Developing countries are the most vulnerable to climate change impacts because they have fewer resources to adapt: socially, technologically and financially. Climate change is anticipated to have far...

by United Nations Economic and Social Commission for Asia and the Pacific | On 23 Jan 2017

Solar Energy and Economic Development In India: A Review

Shortage of electricity prompted the countries to give a momentum to renewable energy resources. Renewable energy refers to energy resources that Aries naturally and repeatedly in the environment and...

by | On 04 Jan 2017

Skill Development : An Engine of Economic Growth

Indian economy is now trillion dollar economy. After introducing significant reforms in financial sector, we have improved efficiency and stability in our economy. As per most economists we will achie...

by | On 04 Jan 2017

Financial Inclusion in the Digital Age

The policies needed to promote financial inclusion in the digital age were discussed at an international conference held at the Asian Development Bank Institute. The  event took place on 7–8 April 2...

by Shawn Hunter | On 29 Dec 2016

Economic Impacts of Inadequate Sanitation in India

The Water and Sanitation Program (WSP) has launched a multicountry Economics of Sanitation Initiative (ESI) to study the economic impacts of poor sanitation and the costs and benefits of improved sani...

by | On 27 Dec 2016

Modelling Corporate Sector Distress in India

The paper attempts to formulate a model to predict corporate financial distress of non-government non-financial public limited companies and estimate distressed bank debt due to the sample companies...

by Manjusha Senapathi | On 27 Dec 2016

The Changing Contours of Inter group Disparities and the Role of Preferential Policies in a Globalizing World: Evidence from India

How persistent are traditional socioeconomic hierarchies in the face of marketization, significant structural shifts in the economy, and increased political representation of lower-ranked groups, and...

by Ashwini Deshpande | On 15 Dec 2016

Strengthening State Legislatures: Background Note for the Conference on Effective Legislatures

State legislatures are responsible for making laws on key subjects like land, police and health. They are also tasked with approving the expenditure of money for their respective states every year. T...

by Prianka Rao | On 30 Nov 2016

Endogenous Leadership in a Federal Transfer Game

Conventional wisdom suggests that, to negate fiscal externalities imposed by provinces which spend too much and raise lower local resources, central authority should always be a first mover in the t...

by Bodhisattva Sengupta | On 14 Nov 2016

State of State Finances

Finances of states have been changing due to (i) increased devolution of central taxes, (ii) rationalisation of the Centrally Sponsored Schemes, (iii) the introduction of the UDAY scheme, and (iv) the...

by Arvind Gayam | On 09 Nov 2016

Green Jobs Assessment

The study focuses on four industries, which were identified by the Government as the growth poles of Mauritius’ economy: sugar agriculture, textiles, tourism (hotels) and financial services.3 The empl...

by International Labour Organization [ILO] | On 08 Nov 2016

The Impact of Arranged Marital Customs on Women 's Autonomy in Rural India

It will be argued that while modernization in India has allowed for small improvements to women's autonomy, in rural India today the little autonomy women do have is constricted through traditional no...

by | On 02 Nov 2016

Costs and Benefits of Urbanization: The Indian Case

Urbanization has both benefits and costs. In a market economy, the trade-off between benefits and costs determines the level, speed, and place of urbanization. This paper summarizes research finding...

by Kala Seetharam Sridhar | On 28 Oct 2016

Doing Business

Against the backdrop of the global financial and economic crisis, policy makers around the world took steps in the past year to make it easier for local firms to start up and operate. This is importan...

by World Bank [WB} | On 27 Oct 2016

Investment Pattern of Youth in India with Particular Reference to Mumbai

This study examines the savings and investment pattern of select college going students (Age: 17-25 years) in the city of Mumbai who has just begun to earn. The study also looks into the basic financi...

by | On 25 Oct 2016

The Effect of Changing Financial Incentives on Repartnering

This paper examines how a reduction in the financial resources available to lone parents affects repartnering. We exploit natural experiment that reduced the financial resources available to a subset...

by | On 18 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have...

by | On 18 Oct 2016

Trade Shocks and the Provision of Local Public Goods

We analyze the impact of trade-induced income shocks on the size of local government, and the provision of public services. Areas in the US with declining labor demand and incomes due to increasing im...

by | On 10 Oct 2016

Productivity Dynamics in India's Service Sector: An Industry-Level Perspective

The rapid rise of service sector in India, as in its developing counterparts in Asia, follows the pattern of skipped industrialization and raises concern for sustaining economic growth in India. Whil...

by K L Krishna | On 10 Oct 2016

Financial Stability in a Weak Global Environment

Even almost eight years since resorting to the extraordinary monetary and fiscal measures to counter the after-effects of the Global Financial Crisis, authorities are still left wondering about rela...

by S.S. Mundra | On 10 Oct 2016

Integrated Model of Computable General Equilibrium and Social Cost Benefit Analysis of an Indian Oil Refinery: Future Projections and Macroeconomic Effects

Social Cost Benefit Analysis has long been used as a useful tool to appraise the value of a range of investment projects. Various aspects of this method have been subject to scrutiny over the decade...

by Shovan Ray | On 30 Sep 2016

Evaluating Asian FTAs: What do Gravity Equation Models Tell Us?

This research evaluates the performance of free trade agreements by analyzing the determinants of trade flows of Asian economies for a panel of thirty-one countries during 2007-2014 using a Gravity...

by Sunder Ramaswamy | On 29 Sep 2016

The Worldwide Shift of FDI to Services- How does it Impact Asia? New Evidence from Seventeen Asian Economies

The productivity spillovers of industry-level FDI on both, the sector of manufacturing and the sector of services, in seventeen South and East Asian economies. Using a dynamic panel GMM methodology,...

by Nadia Doytch | On 29 Sep 2016

Financial Inclusion in India – The Journey so far and the Way Ahead

RBI is on a journey towards the goal of universal financial inclusion in India. There are challenges encountered and the way forward. [Address delivered at at the BRICS Workshop on Financial Inclusio...

by S.S. Mundra | On 26 Sep 2016

Orphan Food? Nay, Future of Food ! Understanding the Pulse of the Indian Market

India can substantially increase her production and yield in pulses with a strategic emphasis on research in public and private sector, expanding irrigation infrastructure, provision of MSP to pulse...

by Satish Y Deodhar | On 23 Sep 2016

A Study of Government Urdu Primary Schools in Bengaluru

This study provides an overview of Urdu-medium primary schools in the Bengaluru urban district of Karnataka in India. Akshara’s research examined access to government-run Urdu-medium schools and iss...

by Divya Vishawanath | On 23 Sep 2016

National Income Accounting When Firms Insure Managers: Understanding Firm Size and Compensation Inequality.

Among U.S. publicly traded firms, the average firm's capital share has declined, even though the aggregate capital share has increased. This paper attributes the secular increase taken together capita...

by Barney Glaser | On 22 Sep 2016

Two Centuries of Finance and Growth in the United States, 1790-1980

Do efficient financial markets and institutions promote economic growth? Have they done so in the past? This essay, to be included in the Handbook of Finance and Development (edited by Thorsten Beck a...

by Howard Bodenhorn | On 22 Sep 2016

Asset Quality of Indian Banks: Way Forward

The Indian banks in general, and the Public Sector Banks (PSBs) in particular, are grappling with the huge stock of stressed assets that has piled up in the system over the years. Any amount of discus...

by N.S. Viswanathan | On 19 Sep 2016

Climate Change and Health Preparedness in India

Current efforts to address global warming largely focus on mitigating climate change. However, in light of predictions of increased temperatures, rising sea levels, and changing disease patterns in In...

by | On 14 Sep 2016

Introduction: Academic Freedom in Crisis

This essay is the first in a series on Academic Freedom in Crisis curated by socialsciencespace. In the current context of the apparent retreat of academic freedom across the world, the series of shor...

by Daniel Nehring | On 11 Sep 2016

Changing Nature of FDI: Need to Re-examine the Productivity Spillovers

FDI productivity and technology spill over theories were developed during a period when manufacturing sector dominated FDI flows, and European and the US MNEs enjoyed higher productivity levels compar...

by N S Siddharthan | On 11 Sep 2016

Habitat III National Reports for the Asia-Pacific Region

The National Reports received to date were considered during the development of the Regional Report and examples from National Reports have been incorporated into the Regional Report as appropriate T...

by United Nations (UN) | On 07 Sep 2016

Substance Abuse Treatment Centers and Local Crime

This paper estimates the effects of expanding access to substance-abuse treatment on local crime. It does so using an identification strategy that leverages variation driven by substance-abuse-treatme...

by Samuel Bondurant | On 07 Sep 2016

Words Matter: A Textual Analysis of SBP’s Monetary Policy Reviews

In this paper a textual analysis is performed of monetary policy statements issued during the past ten years by State Bank of Pakistan and compare them with policy reviews of seven selected central ...

by Asif Mahmood | On 07 Sep 2016

The Independence of the Central Bank

Central banking does not mean just rates cuts and rate rising. There are many decisions to be taken sometimes unpopular or hard-to-explain ones, to be made under conditions of extreme uncertainty. The...

by Raghuram G. Rajan | On 06 Sep 2016

Abductive Reasoning in Macroeconomics

Macroeconomic analytical frameworks change with events they are unable to explain. The process is closer to abductive reasoning that is based on both events and analysis, unlike induction which is d...

by Ashima Goyal | On 31 Aug 2016

School Feeding and Learning Achievement: Evidence from India’s Midday Meal Program

We study the effect of the world’s largest school feeding program on children’s learning outcomes. Staggered implementation across different states of a 2001 Indian Supreme Court Directive mandating t...

by | On 30 Aug 2016

Emigration from Kerala, Andhra Pradesh and Tamil Nadu

Migration as an engine of development has been accepted by economists across the world and a clear understanding of its details are very essential in order to reap the best benefits of it. The paper e...

by | On 29 Aug 2016

Brain Drain Versus Brain Gain: The Study of Remittances in Southeast Asia and Promoting Knowledge Exchange Through Diasporas

The study attempts to identify the macroeconomic determinants of remittance inflows in South Asian countries. It uses additively separable utility function as theoretical framework and the Arellano-Bo...

by | On 16 Aug 2016

Migration Patterns and Challenges for Indians Seeking Work Abroad: A Special Focus on South India

This research concentrates mainly on out-migration in an analysis of primary and secondary sources available with government agencies such as the Emigration Division, the Ministry of Labour (Union Gov...

by | On 12 Aug 2016

The Maternity Benefit (Amendment) Bill, 2016

A Bill to further amend the Maternity Benefit Act, 2016. The 44th session of Indian Labour Conference, has recommended for enhancing maternity leave under Maternity Benefit Act, 1961 from existing twe...

by Ministry of Labour and Employment GoI | On 12 Aug 2016

Implementation of Maternity Benefit Act

Women’s ties with pregnancy and child rearing and the failure of employers and policymakers to deal consistently with this issue exacerbate the difficulties women face in the economy. Women continue t...

by | On 12 Aug 2016

Level versus Variability Trade-Offs in Wind and Solar Generation Investments: The Case of California

Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous covarianc...

by | On 12 Aug 2016

Signing away Sovereignty: How Investment Agreements Threaten Regulation of the Mining Industry in the Philippines

In the last decade, the resource-rich Philippines has bet heavily on the mining industry as a development strategy, an approach that has come under growing scrutiny. With 47 large-scale mines in oper...

by Cecilia Olivet | On 10 Aug 2016

Wage Flexibility and Employment Fluctuations: Evidence from the Housing Sector

This paper compares three occupations in the housing sector with very different wage setting institutions, real estate agents, architects, and construction workers. It studies the wage and employment...

by Jörn Pischke | On 10 Aug 2016

Social Development of SIDS, Health and NCDs, Youth and Women

SIDS underscore social development as one of the three dimensions of sustainable development key to ensuring results are achieved for most vulnerable and disadvantaged. Small island developing states...

by UN Department of Economic and Social Affairs UNDESA | On 09 Aug 2016

Analyzing the Impact of the World’s Largest Public Works Project on Crime

India started the implementation of a rural public works program in 2006, covering all districts of the country within three years. The program guarantees 100 days of employment per year at minimum wa...

by Satadru Das | On 09 Aug 2016

Market Integration and Price Transmission in Tajikistan’s Wheat Markets: Rising Like Rockets but Falling Like Feathers?

The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have exam...

by Jarilkasin Ilyasov | On 08 Aug 2016

Migration and Child Labour: Exploring Child Migrant Vulnerabilities and those of Children Left-Behind

The working paper attempts to describe the correlation between migration and child labour by reviewing secondary data of migrant children with or without their families, and children left-behind by th...

by | On 04 Aug 2016

Policy and Evidence

There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete...

by Raghuram G. Rajan | On 03 Aug 2016

Tobacco Regulation and Cost-Benefit Analysis: How Should we Value Foregone Consumer Surplus?

This paper outlines the history of the FDA’s recent attempts to regulate cigarettes and other tobacco products and how they have valued foregone consumer surplus in cost-benefit analyses. It discusses...

by Helen Levy | On 03 Aug 2016

Subsidies to Coal Production in China

A further subsidy in the form of credit support was estimated to be between CNY 3.5 and 35.7 billion (USD 0.57 billion and USD 5.8 billion). The major subsidies included tax relief, investment in asse...

by | On 02 Aug 2016

The Global Crisis and the Impact on Remittances to Developing Asia

Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally...

by | On 29 Jul 2016

Fire-Sale Externalities

This paper characterizes the efficiency properties of competitive economies with financial constraints and fire sales. It shows that two distinct pecuniary externalities occur in such settings: distri...

by Eduardo Dávila | On 29 Jul 2016

Operational Guidelines: Pradhan Mantri Fasal Bima Yojana

Pradhan Mantri Fasal Bima Yojana (PMFBY) aims at supporting sustainable production in agriculture sector by way of providing financial support to farmers suffering crop loss/damage arising out of unf...

by Ministry of Agriculture GOI | On 28 Jul 2016

The General Equilibrium Impacts of Unemployment Insurance: Evidence from a Large Online Job Board

During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect....

by Ioana Marinescu | On 28 Jul 2016

South-South Migration and Remittances

The impact of South-South migration on the income of migrants and natives is smaller than for South-North migration. However, even small increases in income can have substantial welfare implications f...

by | On 27 Jul 2016

Designing the Green Climate Fund: Issues for Consideration

At the 16th session of Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), the COP adopted decisions in which it decided to establish a Green Climate F...

by Prodipto Ghosh | On 26 Jul 2016

New Perspective on Youth Migration: Motives and Family Investment Patterns

Migration research commonly assumes that youth migrate as dependent family members or are motivated by current labor opportunities and immediate financial returns. These perspectives ignore how migrat...

by | On 25 Jul 2016

The Financial Literacy of Indians

While a lot of experimentation has been done in the realm of financial literacy, it is difficult to point to one standardised method or approach that works best in all scenarios with all kinds of targ...

by | On 20 Jul 2016

Distributional Effects of Means Testing Social Security: Income Versus Wealth

This paper compares Social Security means tests that would reduce benefits for recipients who fall in the top quarter of the income distribution with means tests aimed at those in the top quarter of t...

by Alan Gustman | On 20 Jul 2016

Vulnerability to Poverty: Tajikistan During and After the Global Financial Crisis

The paper examines vulnerability to poverty in Tajikistan during the global financial crisis, focusing on the roles played by international migration and remittances, using a formal, practical, and ea...

by Ira N. Gang | On 19 Jul 2016

A Study on Financial Literacy and its Determinants among Gen Y Employees in Coimbatore City

Financial literacy is the mix of one’s knowledge, skill and attitude towards financial matters. It helps to make informed decisions and well-being of an individual. Research has been conducted globall...

by | On 18 Jul 2016

Examination of Affordable Housing Policies in India

This paper criticizes the Government of India's programmes for affordable housing in India, namely the Rajiv Awas Yojana and Housing for All 2022. It analyses the efficacy of these policies in being a...

by Anindo Sarkar | On 18 Jul 2016

Impact of Community-led Total Sanitation on Women’s Health in Urban Slums: A Case Study from Kalyani Municipality

This Evidence Report seeks to understand the health and other impacts of slum women’s access to sanitation through the Community-led Total Sanitation (CLTS) approach. It also examines the process thro...

by | On 15 Jul 2016

Financial Sector Legislative Reforms Commission (FSLRC) and Financial Sector Regulation in India

This paper examines the changes in regulation in four G7 countries post the financial sector breakdown of 2008 and suggestions made by the Financial Stability Board with respect to e.g. capital adequa...

by Jaimini Bhagwati | On 07 Jul 2016

A Study on Community Engagement with Schools in Five States: Andhra Pradesh, Bihar, Jharkhand, Odisha, Uttar Pradesh

The study sought to gauge the extent of decentralisation and devolution of power to community-based bodies in relation to schools, and see if there is any disconnect between what is envisaged and what...

by Jyotsna Jha | On 01 Jul 2016

National Study on Working Conditions of Teachers: State Report for Jharkhand

The study revealed that universalization of primary education goal had created a pressure on the government to meet the requirement of recruiting large number of teachers in a short period of time. Th...

by GVSR Rao | On 30 Jun 2016

The Intimate Link between Income Levels and Life Expectancy: Global Evidence from 213 Years

The paper finds a systematic and economically sizeable relationship between income levels and life expectancy in a panel dataset of 197 countries over 213 years. By itself, GDP/capita explains more th...

by Michael Jetter | On 28 Jun 2016

Capabilities and Skills

This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development b...

by James J. Heckman | On 28 Jun 2016

Malnutrition: Unanswered Questions from Attapadi

India claims to have achieved financial growth of 7% but despite this high growth rate, poverty and inequality has also grown exponentially and social security, standard of life, security of labor ha...

by Child Rights and You CRY | On 27 Jun 2016

The Kalikayatna Approach towards Primary Education: A Study of the Learning Initiative of Prajayatna

This paper attempts to study and evaluate the strengths and limitations of an alternative approach to learning -the Kalikayatna approach -that has been implemented in selected clusters in five distric...

by Jyotsna Jha | On 27 Jun 2016

Executive Stock Options: Will it Work as a Good Governance Mechanism in all Scenarios?

In this paper, it is contended that ESoPs will not work as a good governance or mitigation mechanism in all types of firms. ESoPs can be an effective mitigation mechanism for a firm with dispersed own...

by | On 25 Jun 2016

Benefit Incidence of Public Expenditure in Health: A study of Karnataka

In this study an attempt is made to analyse the distribution of public health spending in Karnataka state, by analysing the Budget and Reproductive and Child Health (RCH) round-III data. The study als...

by Varun Sharma | On 24 Jun 2016

Slum Free India: Myths and Realities- A Status Report on Rajiv Awas Yojana

The present report is a result of efforts that were spread over a period of more than a year (2013 – 2014) and included two national level consultations and sharing meetings held in Delhi, visit to m...

by Simpreet . | On 23 Jun 2016

Challenges in Implementing the Right to Education: The Karnataka Case

This paper analyses some of the major financial and governance challenges for attaining universal elementary education following RTE norms. The focus is on Karnataka. The analysis of financ...

by | On 22 Jun 2016

Meta-Analysis for Online Retail Performance

The meta-analysis, by combining and synthesizing research of past two decades, attempts to identify key constructs that explain the details of online retail performance in a more coherent manner. The...

by Dheeraj Sharma | On 22 Jun 2016

Financial Sector Legislative Reforms Commission (FSLRC) and Financial Sector Regulation in India

The Financial Sector Reforms Commission (FSLRC) which was set up in 2011 by the Ministry of Finance was mandated to study existing legislation and financial sector regulatory practices in India and...

by Jaimini Bhagwati | On 22 Jun 2016

Factors Influencing Outcome Expectations and Self-Efficacy in Driving Internet Use in Rural India

This study uses the theory of social capital and social cognition to understand the drivers of Internet use from the perspective of outcome expectations and self-efficacy. The primary research questi...

by Rekha Jain | On 21 Jun 2016

A Practical Note on Predictive Analytics Usage in Marketing Applications

This paper is an attempt to provide a simplified approach to this practical problem of evaluating model performance taking account of the decision context. Two scenarios are discussed; a) a classifica...

by Arindam Banerjee | On 21 Jun 2016

An Analysis of Perceptions of Domestic Violence and Efficacy of the Implementation of the PWDV Act (2005) in Bihar

The present study has been conducted in the rural and urban areas of 9 districts of 9 commissionaries in Bihar. A random sample of 375 families is drawn from different socio-economic backgrounds. The...

by CARE India | On 20 Jun 2016

Informal Labour Markets in Pakistan

This paper describes the results of a survey of informal-sector firms in Pakistan. Firms belong to the informal sector mainly because of scarce financial resources. There are significant differences...

by M. Ali Choudhary | On 16 Jun 2016

Optimal Unemployment Benefit Policy and the Firm Productivity Distribution

This paper provides a novel justification for a declining time profile of unemployment benefits that does not rely on moral hazard or consumption-smoothing considerations. It considers a simple search...

by Tomer Blumkin | On 15 Jun 2016

Evaluating Labour Market Policy

This pper reviews major approaches and findings on the evaluation of the impact of different labour market institutions but pays particular attention to active labour market policies that play an impo...

by Werner Eichhorst | On 15 Jun 2016

Migrant Workers and the Welfare State

There is wide concern that migration flows may undermine the financial viability of generous welfare arrangements. The discussion focuses on welfare arrangements as attractors of migrants, suggesting...

by | On 14 Jun 2016

Budget Speech Jammu and Kashmir: 2016-17

The Finance Minister of Jammu and Kashmir, Mr. Haseeb A. Drabu, presented the Budget for Jammu and Kashmir for financial year 2016-17 on May 30, 2016.

by Hasseeb A. Drabu | On 13 Jun 2016

Defending the Commons, Territories and the Right to Food and Water

Almost a billion people around the world are now suffering from hunger and malnutrition - a dramatic rise in number since the soaring food prices over the last three years. Of these, about half ar...

by Focus on the Global South FGS | On 10 Jun 2016

Role of Finance with a Special Focus on Microfinance in Enhancing Clean Energy Access

A number of initiatives have been taken by the government as well as the private sector to address the challenge of energy access in India. In this context, WWF-India conducted a study to measure/asse...

by | On 09 Jun 2016

The Mixture as Before? Student Responses to the Changing Content of School Meals in India

We study how attendance rates of primary school children respond to cost neutral changes in the design of India’s school meal program. Municipal schools in the capital region of Delhi switched from pa...

by | On 02 Jun 2016

Social Studies of Social Science: A Working Bibliography

The social sciences are currently going through a reflexive phase, one marked by the appearance of a wave of studies which approach their disciplines’ own methods and research practices as their emp...

by Michael Mair | On 01 Jun 2016

Indicators for Monitoring the Millennium Development Goals

The present handbook is designed to provide United Nations country teams and national and international stakeholders with guidance on the definitions, rationale, concepts and sources of the data for t...

by United Nations (UN) | On 27 May 2016

Degradation and Loss of Peri-Urban Ecosystems

Rapid degradation of peri-urban ecosystems is resulting in a loss of associated ecosystem services. Water provision, storm- and waste-water regulation, along with protection from natural disasters and...

by Rockeffeller Foundation RF | On 25 May 2016

Puducherry: Analysis of Asset Comparison of Re-contesting MLAs in Puducherry Assembly Elections, 2016

This report provides an analysis of Asset Comparison of Re-contesting MLAs in Puducherry Assembly Elections, 2016

by Association for Democratic Reforms ADR | On 19 May 2016

Kerala: Analysis of Asset Comparison of Re-contesting MLAs in Kerala Assembly Elections, 2016

This report provides an analysis of the assets of the re contesting candidates in the Kerala Assembly Elections

by Association for Democratic Reforms ADR | On 19 May 2016

National Intellectual Property Rights (IPR) Policy

Creativity and innovation have been a constant in growth and development of any knowledge economy. There is an abundance of creative and innovative energies flowing in India. India has a TRIPS compl...

by Department of Industrial Policy & Promotion DIPP | On 19 May 2016

Kerala: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides an analysis of the the financial, criminal and other backgrounds of the candidates contesting in the Kerala Assembly Elections.

by Association for Democratic Reforms ADR | On 19 May 2016

Priorities for India’s National Health Policy

In this paper we will argue that India’s health policy needs to focus more on delivering those aspects of healthcare which are public or quasi-public goods to correct this balance, and to regulate and...

by Rahul Ahluwalia | On 18 May 2016

The Biological Diversity Act, 2002

An Act to provide for conservation of biological diversity, sustainable use of its components and fair and equitable sharing of the benefits arising out of the use of biological resources, knowledge a...

by Ministry of Law and Justice GOI | On 18 May 2016

For Whom Does the Phone (not) Ring? Discrimination in the Rental Housing Market in Delhi, India

Using an audit experiment carried out on of India’s largest real estate websites, this study documents striking variations between landlords’ treatment of upper-caste Hindus, Other Backward Castes, Sc...

by Saugato Datta | On 18 May 2016

Housing Policy in the Republic of Korea

This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The m...

by Kyung-Hwan Kim | On 18 May 2016

Know the Biological Diversity Act (2002) and the Rules (2004) Better!

The Act covers conservation, use of biological resources and associated knowledge occurring in India for commercial or research purposes or for the purposes of bio-survey and bio-utilisation. It prov...

by National Biodiversity Authority NBA | On 17 May 2016

Where All the Water Has Gone? An Analysis of Unreliable Water Supply in Bangalore City

The demand for urban water supply service is increasing rapidly as globalisation accelerates economic development and brings improvements in living standards in India with the interactive effects of...

by | On 12 May 2016

Advancing the Interests of Bangladesh’s Migrant Workers: Issues of Financial Inclusion and Social Protection

The study is expected to contribute to stimulating debate around the broader issues of safeguarding the interests of migrant workers through financial mainstreaming of their income, raising efficacy o...

by | On 11 May 2016

Time is Running Out: Does Mumbai have Enough Water?

Mumbai has the potential to become one of the world’s ideal cities in terms of sustainable water management. With abundant natural and perennial water sources around it, the megacity is currently one...

by Dhaval D Desai | On 10 May 2016

India Policy Forum 2014 - 2015

The episode of volatility starting on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the possibility of the US central bank “tapering” its security purchases, had a sharp nega...

by Shekhar Shah | On 09 May 2016

Issues in India's External Sector

The lecture examines the recent developments in the external sector and address some critical issues such as the appropriate level of current account deficit, exchange rate policy, adequacy of reserve...

by C. Rangarajan | On 06 May 2016

Health Training Programme for Adolescent Girls: Lessons from India's NGO Initiative

The paper examines the impact of the initiative taken by an NGO -SelfEmployed Women’s Association (SEWA)-in Ahmedabad, a city in western India to impart knowledge about sexual and reproductive healt...

by Leela Visaria | On 05 May 2016

Margin Requirements for Non-Centrally Cleared Derivatives

Derivatives are an integral risk management tool for business entities and financial institutions. However, derivatives markets can also lead to excessive and opaque risk taking which may result in sy...

by Reserve Bank of India RBI | On 03 May 2016

Financial Stability: Underlining Context

The paper argues that context is important in discussions of financial stability. It explores weaknesses in domestic and international reforms and ways of overcoming them, based on mitigating the fund...

by Ashima Goyal | On 02 May 2016

Analyzing the Impact of Global Financial Crisis on the Interconnectedness of Asian Stock Markets using Network Science

This study shows how 13 important stock markets in Asia namely, India, Bangladesh, Philippines, China, Japan, Indonesia, Malaysia, Singapore, Hong Kong, Pakistan, South Korea and Thailand...

by | On 02 May 2016

Social and Economic Impact Analysis of Vadinar Refinery of Essar Oil: The Case of a Mega Refinery

The paper is a case study of Vadinar refinery in Gujarat. It examines the costs and benefits associated with one of the world's mega refinery projects highlighting the welfare impacts on society. The...

by Sumana Chaudhuri | On 02 May 2016

Weathering the Storm: Ownership Structure and Performance of Microfinance Institutions in the Wake of the Global Financial Crisis

This study investigates the effects of the 2008 global financial crisis on the performance of different microfinance ownership types. The analysis in this study relies on a novel methodological frame...

by Mahinda Wijesiri | On 02 May 2016

Assam: Analysis of Asset Comparison of Re-contesting MLAs

This report provides an analysis of the assets owned by re contesting MLAs in the Assam Assembly Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

Assam: Analysis of Criminal Background, Financial, Education, Gender and Other Details of Candidates

This report provides information about the financial, criminal and other backgrounds about the candidates contesting in phase 1 of the Assam Assembly Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

A Comparative Study of Living Conditions in Slums of Three Metro Cities in India

A comparative study of representative slums across three largest metro cities in India through primary surveys. It is found that certain characteristics, such as large average household size, poor hou...

by Sugata Bag | On 28 Apr 2016

Education in India: NSS 71st Round

The report gives a detailed account of the education system in India.

by Ministry of Statistics and Prog Implementation (MOSPI) | On 05 Apr 2016

Budget 2016-17 & The Indian Economy

A brief summary by Niti Aayog about the pre and post 2016-17 Indian Budget Analysis.

by Arvind Panagariya | On 28 Mar 2016

Minimum Wage Setting Practices in Domestic Work: An Inter-State Analysis

The aim of the study is to do a comparative analysis of the states that have notified minimum wages for domestic workers with a view to draw lessons from their experiences. The experiences of various...

by Neetha N | On 23 Mar 2016

Rural-Urban Linkages and Socio-Economic Development: A Case Study Of Two Villages In Gujarat

Rural-urban linkages are both a cause and a consequence of socio-economic development. Though there is a vast volume of literature on this subject, there are quite a few gaps in our knowledge about th...

by RS Pundir | On 20 Mar 2016

More Ghost Savings: Understanding the Fiscal Impact of India’s Direct Transfer Program — Update

Since April 1, 2015, India’s cooking gas subsidies have been distributed by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas (LPG) scheme (known as DBTL, or PAHAL1 )...

by | On 18 Mar 2016

Impact of Strengthening Intellectual Property Rights Regime on Income Inequality: An Econometric Analysis

This paper examines the impact of strengthening Intellectual Property Rights (IPRs) on within-country income inequality for a cross-section of 65 developed and developing countries for the time period...

by Swati Saini | On 16 Mar 2016

Science Research and Knowledge Creation in Indian Universities: Theoretical Perspectives and Econometric Evidence

This paper presents an economic analysis of science research and knowledge creation in Indian universities. We posit that faculty’s research effort is an outcome of her optimum time allocation decisio...

by Sabyasachi Saha | On 15 Mar 2016

Corporate Governance, Competition and Firm Performance: Evidence from India

The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism an...

by Manoj Pant | On 15 Mar 2016

Capital Flows and the Impossible Trinity: The Indian Experience

This paper devises quantitative techniques to analyze the management of foreign capital flows in India over the past three decades. The paper argues that India's overall approach towards liberaliza...

by Abhijit Sen Gupta | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Vietnam

This report is the outcome of the regional technical assistance on Strengthening Institutional Capacity to Compile and Analyze Financial Soundness Indicators for Investment Climate Assessment (RETA 77...

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability - A Tale of Three Asian Countries

The 1997 Asian financial crisis and the 2008 global financial and economic crisis further demonstrated the importance of financial stability. Both crises showed how balance sheets of financial institu...

by Asian Development Bank Institute | On 15 Mar 2016

Implementation of the ASEAN +3 Multi - Currency Bond Issuance Framework

ABMI aims to develop efficient and liquid bond markets in Asia, which would enable better utilization of Asian savings for Asian investments. ABMI can also contribute to the mitigation of currency and...

by Asian Development Bank Institute | On 15 Mar 2016

Economic Analysis of Climate - Proofing Investment Projects

Recent years have witnessed a large number of studies and reports aimed generally at providing estimates of the economic costs of climate change and of the economic costs of adaptation to climate chan...

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Bangladesh

This report describes the development of financial soundness indicators for Bangladesh and analyzes how these can help identify key challenges to support financial sector stability in the country.

by Asian Development Bank Institute | On 15 Mar 2016

The Poverty Paradox – And How to Address It

Poverty alleviation is the cornerstone and mission of the development community. Yet perhaps the community’s focus on low-income countries (LICs) has skewed a healthy and accurate evaluation of the ef...

by | On 14 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

Do global spillovers clog transmission channels of monetary policy through domestic financial markets? Drawing on stylised facts and using a dynamic factor model to develop an indicator of global spil...

by Michael Debabrata Patra | On 14 Mar 2016

The Housing Market and Housing Policies in Japan

Housing policies in Japan after World War II were focused on the quantitative supply of houses with a wide range of targeted groups and public rental houses. The Japan Housing Corporation (now the Urb...

by Masahiro Kobayashi | On 14 Mar 2016

Corporate Governance and Product Market Competition

On one hand product market competition acts as an ultimate solution to align interests of managers and shareholders, and on the other hand, competition alone may not be sufficient because it may not p...

by Ekta Selarka | On 13 Mar 2016

Basel I and Basel II Compliance: Issues for Banks in India

Random effects panel data analysis is applied to identify financial parameters that influence banks in India in complying with Basel I. The private sector and foreign banks are affected by credit risk...

by Sreejata Banerjee | On 13 Mar 2016

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum...

by Patrick Minford | On 13 Mar 2016

Parent’s Choice Function for Ward’s School Continuation in Rural India: A Case Study in West Bengal

In this paper we present a choice function of a rural household about her/his ward?s schooling. It makes an empirical evaluation on the basis of simple theoretical framework using primary data set, su...

by Debdulal Thakur | On 11 Mar 2016

Health Shocks and Coping Strategies: State Health Insurance Scheme of Andhra Pradesh, India

The objectives of the study are three-fold: to investigate who are vulnerable to welfare loss from health shocks, what are the household responses to cope with the economic burden of health shocks and...

by Sowmya Dhanaraj | On 11 Mar 2016

Efficiency in Education Sector: A Case of Rajasthan State (India)

In this paper, considering the district level variations in literacy and other pertinent socio-economic variables we explore whether efficiency in education in district level enrolments is merely a re...

by Brijesh C. Purohit | On 11 Mar 2016

Mergers and Acquisitions in the Indian Pharmaceutical Sector

Mergers and acquisitions (M and A) are common strategies of firms to increase its performance. Although, the motives of M and A are different however, the determinants are discreet. This study tries t...

by Nikita Agarwal | On 11 Mar 2016

Investigating Household Preferences for Restoring Pallikaranai Marsh

The study examines households’ willingness to pay for the conservation of Pallinkaranai marsh located in the south of Chennai, Tamil Nadu. A stated preference method, namely, Contingent Valuation m...

by Suganya Balakumar | On 10 Mar 2016

Impact of Agricultural Related Technology Adoption on Poverty: A Study of Select Households in Rural India

This paper applies a program evaluation technique to assess the causal effect of adoption of agricultural related technologies on consumption expenditure and poverty measured by different indices. The...

by Santosh K. Sahu | On 10 Mar 2016

Is Financial Inclusion Cause or Outcome? A State-Wise Assessment in India

Financial inclusion is considered as cause as well as outcome of inclusive growth. This study tries to construct a comprehensive measure of financial inclusion and evaluate the extent of financial inc...

by Shrabani Mukherjee | On 10 Mar 2016

Determinants of Child Health: An Empirical Analysis

Infant and child mortality rates in India have fallen by almost half from the time of adoption of millennium development goals to 2012 but there has not been a concurrent decrease in morbidity and und...

by Sowmya Dhanaraj | On 10 Mar 2016

Collective Market-Making Efforts at an Engineering Conference

This paper advances research on institutional work in market constitution processes. I show how purposive, coordinated action is organized under conditions of uncertainty through practices of renderin...

by | On 09 Mar 2016

Regulating International Finance and the Evolving Imbalance of Capitalisms since the 1970s

In this paper, the ongoing G20 process of improving the regulation of international finance is put into a historically informed perspective. To understand the driving forces behind and obstacles to in...

by | On 09 Mar 2016

Mass Education or a Minority Well Educated Elite in the Process of Development: the Case of India

This paper analyses whether in developing countries mass education is more growth enhancing than to have a minority well educated elite. Using the Indian census data as a benchmark and enrollment rate...

by Amparo Castelló-Climent | On 09 Mar 2016

On the Allocation of Public Goods to Villages in India

The paper tries to analyse the effect of religious composition on the provision of public services captured mainly by infrastructure index, of four types, (i) basic amenities such as water, housing an...

by Santanu Gupta | On 09 Mar 2016

Producing a Rationale for Dowry? Gender in the Negotiation of Exchange at Marriage in Kerala, South India

The allocation of scarce budgetary resources away from ‘alternative’ channels of social security underscores interlocking concerns: a) the financial drain that marriages of girls pose to families and...

by Praveena Kodoth | On 09 Mar 2016

Agricultural Growth and Decomposition of Crop Output in Gujarat: Recent Trends

The growth story of Gujarat’s agriculture has received significant recognition (with around 10 percent growth rate in recent years) and is often being hailed as a role model for other states to follow...

by Itishree Patnaik | On 09 Mar 2016

Who Cares about Financialization? Explaining the Decline in Political Salience of Active Markets for Corporate Control

Why is unprecedented financialization failing to provoke a strong political backlash? The role of financial markets, motives, actors, and institutions has expanded continuously in recent decades, but...

by | On 08 Mar 2016

Questioning Three Fundamental Assumptions in Financial Inclusion

Financial inclusion has rapidly ascended global development policy agendas. Between 2 billion and 2.5 billion adults worldwide do not use formal financial services, which a multifaceted coalition of a...

by Philip Mader | On 08 Mar 2016

Mitigating the Financial Crisis in Asia

While there had been agreements that the current global financial crisis which originated from the United States (US) would not be akin to the Asian Financial Crisis back in 1997- 1998, the resultant...

by S. Rajaratnam International Studies | On 06 Mar 2016

Labour migrants: diminished demand, diminished rights?

The economic crisis has had heavy exposure in international news, but its range of victims has extended beyond the subprime debtors and financial analysts of the developed world. Ignored by most devel...

by S. Rajaratnam International Studies | On 06 Mar 2016

The Nuclear Gravy Train: An Update on Southeast Asia

Notwithstanding the global financial crisis, energy security remains one of the top priorities for the Association of Southeast Asian Nations (ASEAN). The need to reduce reliance on fossil fuels in th...

by S. Rajaratnam International Studies | On 05 Mar 2016

India Budget 2016: Old Economics, New Politics

India’s latest Budget focuses on the rural sector and the economically vulnerable sections and makes large allocations for agriculture and social sector programmes without compromising on fiscal disci...

by Amitendu Palit | On 04 Mar 2016

Transparency International Releases Its Corruption Perceptions Index 2010

The 2010 Corruption Perceptions Index reveals that nearly three quarters of the 178 countries in the index have a score of below five, on a scale of 10 (highly clean) to 0 (highly corrupt). Denmark, N...

by S. Rajaratnam International Studies | On 03 Mar 2016

Bihar Budget Analysis 2016-17

The Finance Minister of Bihar, Mr. Abdul Bari Siddiqui, presented the Budget for Bihar for the financial year 2016-17.

by Arvind Gayam | On 03 Mar 2016

Thai Floods – What Effect on Rice?

Thailand’s worst floods in decades have caused over 350 deaths, and are inflicting extensive damage to much of the country’s land, crops, livestock, infrastructure, housing and industrial areas. An es...

by S. Rajaratnam International Studies | On 02 Mar 2016

Report on "Strategy of Coalition for Food and Nutrition Security"

The Coalition serves as a platform for the members to collaborate and achieve a common vision: "To achieve sustainable food and nutrition security for all" The Coalition aims to raise awareness, foste...

by Coalition for Food & Nutrition Security India | On 02 Mar 2016

Impact of China Slowdown on India

After three decades of double-digit growth, China is slowing as it is rebalancing its economy from export-driven to less-volatile domestic consumption driven economy. The paper looks at the impact of...

by Geetima Das Krishna | On 02 Mar 2016

Indradhanush-Banking Sector Reforms

The Indradhanush framework with its seven pronged plan was unveiled by Finance Minister Mr Arun Jaitley on 14th August 2015 for revamping Public Sector Banks (PSBs) of India. In this paper, we look at...

by Sakshi Bhardwaj | On 02 Mar 2016

Children with Disabilities in Private Inclusive Schools in Mumbai: Experiences and Challenges

‘Inclusive education’ policy has been introduced in India, however the concept is in its infancy This qualitative study analyses the case of children with disabilities studying in private inclusive sc...

by Ashima Das | On 01 Mar 2016

Comparative Analysis of Indonesian and Korean Governance

This paper overviews governance issues in Indonesia and Korea from a comparative perspective. To do so, the WGI (World Governance Index) developed by the World Bank is employed for a more objective an...

by Prof. Yunwon Hwang | On 01 Mar 2016

Financing Social Policy in the Presence of Informality

We present a framework for the analysis of tax and benefit policy in countries with significant informality. Our framework allows us to jointly analyse the e!ects of various taxes and benefits on ince...

by Ehtisham Ahmad | On 01 Mar 2016

India and an Indian village: 50 years of economic development in Palanpur

The analysis of the paper begins in the next section by setting out broad economic changes in India as key context for change in Palanpur, with a particular focus on the three drivers set out above; s...

by Himanshu Prof | On 29 Feb 2016

Access to Finance: A Functional Approach to Supply and Demand

This paper provides a comprehensive description of the financial environment for households and small businesses in a defined geographical region. It develops a new, functional approach to financial a...

by Greg Fischer | On 29 Feb 2016

Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

How large are the benefits of transportation infrastructure projects, and what explains these benefits? To shed new light on these questions, I collect archival data from colonial India and use it to...

by Dave Donaldson | On 29 Feb 2016

Challenges and Developments in the Financial Systems of the Southeast Asian Economies

This paper discusses the economies and financial systems of Southeast Asia (SEA) and focuses on challenges and developments in the region. Despite the diversity of SEA economies and some important exc...

by Toshiyuki Shimada | On 29 Feb 2016

Do Exporting Firms in the People’s Republic of China Innovate?

This paper undertakes econometric analysis of innovation, learning, and exporting in automobiles and electronics firms in the PRC using a large-scale dataset to identify the most appropriate innovatio...

by Ganeshan Wignaraja | On 29 Feb 2016

Understanding Innovation in Production Networks in East Asia

This paper explores the “black box” of innovation in the electronics production network in East Asia through a mapping exercise of technological capabilities and an econometric analysis of exporting i...

by Ganeshan Wignaraja | On 29 Feb 2016

The Future of Australia's Productivity: Some Insights from Productivity Analysis

The Productivity Commission program of studies on the productivity of different sectors — to date, Mining, Electricity, gas and water, and Manufacturing — provide some insight into what lies behind th...

by Jenny Gordon | On 29 Feb 2016

Analysis of Catastrophic Health Financing by Key Institutions

Financial protection of patients is considered a key component of health systems, and has been a consistent policy goal of the DOH. Of paramount importance in this regard are catastrophic health expen...

by | On 29 Feb 2016

Using Identification for Development: Some Guiding Principles

There is growing recognition of the importance of identification for sustainable development. Its role is recognized formally in target 16.9 of the Sustainable Development Goals, which calls for provi...

by Alan Gelb | On 28 Feb 2016

Family Planning Program Effects: A Review of Evidence from Microdata

This paper reviews empirical evidence on the micro-level consequences of family planning programs in middle- and low-income countries. In doing so, it focuses on fertility outcomes (the number and tim...

by Grant Miller | On 27 Feb 2016

Is the ASEAN plus Three Emergency Rice Reserve (APTERR) the Answer Tt Southeast Asia’s Food Security Challenges?

The recently launched ASEAN Plus Three Emergency Rice Reserve (APTERR) aims to safeguard the region’s food security in times of calamity, disaster, supply shock or extreme price spike. The region had...

by Sally Trethewie | On 27 Feb 2016

Energy Sustainability in Southeast Asia: Towards the Achievement of the Sustainable Development Goals

In Southeast Asia, primary energy demand is projected to increase from 554.8 Mtoe in 2010 to 1,110.2 Mtoe in 2035. Oil will continue to dominate the energy mix with coal share growing at the fastest a...

by S. Rajaratnam International Studies | On 27 Feb 2016

Basel Banking Norms – A Primer

This paper aims to first build a deeper understanding of the emergence of Basel banking norms (Basel I), and the transition to each of the subsequent regulations (Basel II and Basel III). The primary...

by Akshay Uday Shenoy | On 27 Feb 2016

Financing of Urban Local Bodies in India

The rising level of urbanisation in India draws attention to inadequate infrastructure levels in urban areas. While many factors play a role in infrastructure development, this paper examines the fina...

by Charan Singh | On 27 Feb 2016

Money, Output and Prices in India

The dynamics of the monetary system is undergoing significant changes in India. The entire concept and flow of money; narrow, broad or base, is being influenced by measures related to financial inclus...

by Charan Singh | On 27 Feb 2016

Understanding the Response of Indian Banks to Macroeconomic Shocks: A Strategy Perspective

The vulnerability of banks to macroeconomic and financial shocks is an area of growing interest to policymakers, especially in emerging markets. Strong adverse aggregate shocks contribute heavily to l...

by Rohit Gupta | On 27 Feb 2016

India’s GDP Growth: Confusion Amidst Cheers

India’s latest GDP numbers project 7.6% growth for its economy in 2015-16. But there continues to be confusion over the quality of India’s economic performance as the statistically robust GDP estimate...

by Amitendu Palit | On 26 Feb 2016

Budget 2016: Lagging Quality Education; Increase Public Investment to Improve Basic Infrastructure

In the Union Budget 2015-16, there was a reduction in the allocation for school education on account of more untied funds being given to States following the 14th Finance Commission recommendation. Ho...

by Provita Kundu | On 26 Feb 2016

Estimation and Determinants of Chronic Poverty in India: An Alternative Approach

The paper conceptualizes chronic poverty by using the spaces of income and nutrition and estimates its incidence among states and social groups. It also aims to improve our understanding of the determ...

by C.H. Hanumantha Rao | On 25 Feb 2016

Mapping the Discipline of the Olympic Games An AuthorCocitation Analysis

An established method for identifying the different components of a discipline is author cocitation analysis (ACA). ACA is a bibiometric technique that enables a map of the discipline, over a finite t...

by Peter Warning | On 25 Feb 2016

Options for Supporting Rice Farmers under a Post-QR Regime: Review and Assessment

Under the World Trade Organization, the Philippines has maintained special treatment for rice, which expires on July 2017. Tariffication will involve greater competition from imports and the decline o...

by Roehlano M. Briones | On 25 Feb 2016

Nongovernment Reforestation in the Philippines: Review, Analysis, and Ways Forward

The study reviewed and assessed nongovernment reforestation in the Philippines vis-a-vis government and total reforestation using primary and secondary data. The end purpose was to identify issues and...

by Danilo C. Israel | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2016-17.

by Suresh Prabhakar Prabhu | On 25 Feb 2016

Recent Trends in Out-of-School Children in the Philippines

In 2008, about 12 percent of five- to fifteen-year-old children were not in school, five years later this had gone down to about 5 percent. Adjusted net primary school attendance rates have increased...

by Clarissa C. David | On 25 Feb 2016

Responsibility to Protect: How Should Southeast Asia Respond?

The emerging doctrine of Responsibility to Protect may have been endorsed by world leaders. But the primary challenge remains how to get it implemented. RtoP may mean different things to different sta...

by | On 24 Feb 2016

Scaling Up Carbon Finance in India

India’s performance in the early carbon market are analysed, and proposes a series of actions to be undertaken by both the Government of India, and the private sector, if India is to take full advanta...

by World Bank | On 24 Feb 2016

Review of Green House Gas Emissions from the Creation of Hydro Power Reservoirs in India

This is a preliminary report for the World Bank regarding emissions of greenhouse gases from hydropower reservoirs in India. The objective of the work, according to the terms-of reference, is, inter a...

by World Bank | On 24 Feb 2016

Financial Sector Reform: Longer-Run Policy Responses to the Asian Crisis

The Asian financial crisis of 1997 involved significant economic and social costs for the affected economies, but also highlighted fundamental weaknesses in the structure and operations of their finan...

by Kevin Davis | On 24 Feb 2016

Financial Institutions and Structures for Growth in East Asia

The paper examines the changing size, shape and range of financial markets in the region indicates the extent to which regional markets have become more efficient and have improved in quality since th...

by Jenny Corbett | On 23 Feb 2016

Water Regime Resilience and Community Rights to Resource Access in the Face of Climate Change

This paper begins by arguing that an analysis of social vulnerability seeking to enhance social resilience must take into account the social construction of vulnerability, namely, the economic, instit...

by | On 23 Feb 2016

Policy Reforms and Institutional Weaknesses: Closing the Gap

The World Bank (2005) reported that from 1985 to 2003, per capita gross domestic product increased only by about 0.7% per year, well below the 3.7% average of neighboring countries (Indonesia, Malaysi...

by Eduardo Gonzalez | On 23 Feb 2016

From Crisis to Recovery in Asia: Strategies, Achievements, and Lessons

This paper reviews and highlights lessons from the stabilisation and reform programme that Thailand, Malaysia and Korea implemented in response to the 1997 crisis. The three countries’ rapid recovery...

by Kanit Sangsubhan | On 23 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special...

by Yung Chul Park | On 22 Feb 2016

Central Banking for Financial Stability in Asia

A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential” approach to surveillance and regulation that c...

by Masahiro Kawai | On 22 Feb 2016

Tamil Nadu Interim Budget Speech 2016-2017

Budget speech by the Hon’ble Minister for Finance and Public Works, Government of Tamil Nadu

by O Panneerselvam | On 22 Feb 2016

Asymmetry In Government Bond Returns

Is there asymmetry in the distribution of government bond returns in developed countries? Can asymmetries be predicted using financial and macroeconomic variables? To answer the first question, we pro...

by Ippei Fuijwara | On 21 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

This paper discusses the financial landscape of the Association of Southeast Asian Nations (ASEAN), a region engaged in building an economic community (a “single market and production base”) by 2015....

by Choong Lee | On 21 Feb 2016

Are Returns To Private Infrastructure In Developing Countries Consistent With Risks Since The Asian Crisis?

This paper presents a basic assessment of the financial performance of infrastructure service operators in developing countries. It relies on a new database of 120 companies put together to track the...

by Maria Pinglo | On 21 Feb 2016

The Economic Effects of a Borrower Bailout Evidence from an Emerging Market

This paper studies the credit market implications and real effects of one the largest borrower bailout programs in history, enacted by the government of India against the backdrop of the 2008–2009 fin...

by Xavier Giné | On 21 Feb 2016

Cross-Border Electricity Cooperation in South Asia

South Asian countries, facing challenges in efficiently meeting growing electricity demand, can benefit from increased cross-border electricity cooperation and trade by harnessing complementarities in...

by Anoop Singh | On 21 Feb 2016

How Much Could South Asia Benefit from Regional Electricity Cooperation and Trade?

The South Asia region is lagging behind many regions in the world in regional electricity cooperation and trading, despite the huge anticipated benefits. This study uses an electricity planning model...

by Govinda Timilsina | On 21 Feb 2016

Impact of Changes in the Global Financial Regulatory Landscape on Asian Emerging Markets

This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations of Basel III in order to evaluate their likely implications for, and their abilit...

by Tarisa Watanagase | On 21 Feb 2016

The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms

This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on the People’s Republic of China (PRC). In particular, we investigate to what extent reforms pe...

by Hiro Ito | On 21 Feb 2016

Financial Safety Nets in Asia: Genesis, Evolution, Adequacy, and Way Forward

Financial safety nets in Asia have come a long way since the Asian Financial Crisis (AFC) of 1997–98. Not wanting to rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiati...

by Hal Hill | On 21 Feb 2016

Creating an Association of Southeast Asian Nations Payment System: Policy and Regulatory Issues

The Association of Southeast Asian Nations (ASEAN) is expected to benefit from the significant growth in the Asia-Pacific payments market. Growth in economic activity would increase the size, scale, a...

by Tanai Khiaonarong | On 21 Feb 2016

Natural Gas Situation and LNG Supply/Demand Trends in Asia-Pacific and Atlantic Markets

This paper is an excerpt from a FY 2008 survey for the promotion of oil and natural development and utilization as commissioned by the Ministry of Economy, Trade and Industry. Since 2008, the global L...

by Yoshikazu Kobayashi | On 21 Feb 2016

A Lesson In Market Contestability: Calculating The Cost Of Chinese State Intervention In Iron Ore Price Negotiations

This article analyses the motivation and impact of the 2009 intervention of the China Iron and Steel Association (CISA) in benchmark price negotiations. The impact of the transition from benchmark pri...

by Luke Hurst | On 21 Feb 2016

A Position Paper on World Rice Futures

There is a widespread belief that rice futures are not necessary for the Asian rice markets because these markets are not “broken.” In any case, it is not clear to many why a rice farmer would benefit...

by | On 20 Feb 2016

Role of Experts in Policy Advice: Lessons of Experience

The policymaking in modern states is highly complex and requires a high degree of expertise and knowledge, which was not the case even 10, let alone 25 years ago. Partly in view of limited capacity in...

by Nurul Islam | On 20 Feb 2016

Remittances, Trade Liberalisation, and Poverty in Pakistan: The Role of Excluded Variables in Poverty Change Analysis

This study attempts to assess the impact of two shocks-trade liberalization and a deline in remittances from abroad-on poverty in Pakistan using a CGE framework.

by Rizwana Siddiqui | On 19 Feb 2016

Disasters in Southeast Asia’s Megacities: Protecting the Informal Sector

In the megacities of developing Southeast Asia, the important role of the informal sector in supporting economic development is often under-recognised. Cities seeking to address the economic risks and...

by | On 19 Feb 2016

Value Capture as a Land Based Tool to Finance Development

Based on the recent publication ‘Implementing Value Capture in Latin America’ the Director of the Latin American Program at Lincoln Institute of Land Policy, MartimSmolka, explains the mechanism of va...

by Martim Smolka | On 19 Feb 2016

Does Conservation Agriculture Deliver Climate Change Mitigation Through Soil Carbon Sequestration in Tropical Agro-Ecosystems?

Conservation agriculture (CA), comprising minimum soil disturbance, retention of crop residues and crop diversification, is widely promoted for reducing soil degradation and improving agricultural sus...

by David Powlson | On 19 Feb 2016

Overseas WMotives and Giving Norms Behind Remittances: The Case of Filipinoorkers and their Recipient Households

The literature has focused on motives to explain remittance behavior. But as non-anonymous transfers, remittances are apt to be influenced by giving norms as well. We formula...

by Michael Alba | On 19 Feb 2016

How Much Do We Know about the Impact of the Economic Downturn on the Employment of Migrants?

The employment shock of late 2008 in the People’s Republic of China (PRC) may have been a product of three different events: (i) the contractionary macroeconomic policies introduced by the government...

by Xin Meng | On 19 Feb 2016

Unions Improve Chinese Workers' Welfare --- Results from 1,268 Firms

Based on a survey of 1,268 firms in 12 Chinese cities, this paper empirically studies the effects of unions on three aspects of workers’ welfare, namely, hourly wages, monthly working hours, and pensi...

by Ninghua Zhong | On 19 Feb 2016

Mass housing requires mass housing finance

In this lecture Marja Hoek Smit argues that housing finance is critical to solve the housing problem, increasing, as it does, the number of households that can afford to acquire a house in the formal...

by | On 19 Feb 2016

China’s Sovereign Investment Funds In International Perspective: The Exceptionalism Of Cic And Safe

China is the only country in the world with two sovereign investment vehicles dedicated to managing excess foreign reserves for return, not just safety and liquidity. As the investment profile and beh...

by Angela Cummine | On 19 Feb 2016

China’s Rising Outbound Investment: Trends And Issues

This paper aims to facilitate China’s globalisation process and to enable destination countries to benefit from Chinese ODI potential by having a clear understanding of the institutional background ag...

by Mei Wang | On 19 Feb 2016

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

China’s first attempt to establish a multilateral financial institution was met with some suspicion and caution in the west. According to one interpretation, China is frustrated with the United States...

by Mike Callaghan | On 19 Feb 2016

Wheat Markets and Price Stabilisation in Pakistan: An Analysis of Policy Options

This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales, and trade policies on wheat supply, demand, prices, and overall inflation. Analys...

by Paul Dorosh | On 18 Feb 2016

Scaling Up Climate Action through Value Chain Mobilization

The adoption of the Paris Agreement on 12 December by 195 governments is a major turning point in the global fight against climate change. To date, 190 governments have committed to specific actions t...

by World Economic Forum [WEF] | On 18 Feb 2016

Penalising Environmental Violations: An Analysis of The Ministry’s Proposal

In October 2015, the Ministry of Environment, Forest and Climate Change released a Draft Environment Laws (Amendment) Bill 2015 proposing amendments to the Environment (Protection) Act 1986 and the Na...

by Shibani Ghosh | On 18 Feb 2016

Enhancing Forage Integration And Access For Smallholder Livestock Production

In the upland areas of Southeast Asia, most smallholder farmers keep animals. Buffalo provide a traditional source of draught power for land preparation or transport, and animal manure is often used t...

by Research Consultative Group on International Agricultural | On 18 Feb 2016

Towards an East Asian Financial Community: An Institutionalist Perspective

This paper seeks to understand the changing financial landscape in East Asia that resulted from ongoing regional financial cooperation among ASEAN+3 countries. It examines the development of the Chian...

by | On 17 Feb 2016

Volatility Spillover between the Stock Market and the Foreign Market in Pakistan

The paper examines the volatility spillover between the stock market and the foreign exchange market in Pakistan. For the longrun relationship we use the Engle Granger two-step procedure and the volat...

by Abdul Qayyum | On 17 Feb 2016

Demographic Dividend or Demographic Threat in Pakistan

This paper looks into the demographic dividend available to Pakistan and its implications for the country, mainly through three mechanisms: labour supply, savings, and human capital. For economic bene...

by Durr-e- Nayab | On 17 Feb 2016

Trade Liberalisation, Financial Development and Economic Growth

This paper empirically investigates the impact of trade and financial liberalisation on economic growth in Pakistan using annual observations over the period 1961-2005. The analysis is based on the bo...

by Muhammad Arshad Khan | On 16 Feb 2016

Preference for Public Sector Jobs and Wait Unemployment: A Micro Data Analysis

This paper exploits responses on the stated preferences for public sector jobs among a sample of unemployed in Pakistan to inform on the existence of public sector job queues.

by Asma Hyder | On 16 Feb 2016

Indonesia’s Foreign Domestic Workers: Dilemma of Not Working Overseas

While the United Nations takes stock of how far women have come in getting women’s rights acknowledged as human rights, Indonesia wants to stop sending women out of the country as foreign domestic wor...

by | On 16 Feb 2016

Delivering Access to Safe Drinking Water and Adequate Sanitation in Pakistan

Water and Sanitation is the neglected sector in Pakistan. Most of the households in Pakistan do not have access to safe drinking water and lack toilets and adequate sanitation systems. These poor peop...

by Faheem Jehangir Khan | On 16 Feb 2016

Health Care Services and Government Spending in Pakistan

The study has been carried out to measure the incidence of government spending on health in Pakistan at provincial, both rural and urban level; using the primary data of the Pakistan Social Standard L...

by Muhammad Akram | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

Financial globalization has gathered attention since the early 1990s because of its macrofinancial and crisis implications and its perceived large expansion. But financial globalization has taken diff...

by Francisco Ceballos | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

This paper evaluates the prospects for the renminbi’s role as an international currency and the implications for global financial markets. Although the People’s Republic of China (PRC) does not have e...

by Eswar Prasad | On 16 Feb 2016

Use of National Currencies for Trade Settlement in East Asia: A Proposal

This paper develops a multilateral currency system where national currencies are used for trade settlement in East Asia, comprising the Association of Southeast Asian Nations (ASEAN) member countries,...

by ll Houng Lee | On 16 Feb 2016

Financial Stability and Financial Inclusion

Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and fi...

by Peter J. Morgan | On 16 Feb 2016

From Global Factory to Global Mall: East Asia’s Changing Trade Composition

This paper studies how East Asia’s trade composition and orientation have changed over the past decade and analyzes the implications for the region and beyond. Over the last 2 decades we have witnesse...

by Matthias Helble | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy. Asian economies are often characterized as having bank-dominated financial systems...

by Naoyuki Yoshino | On 16 Feb 2016

Myanmar: The Key Link between South Asia and Southeast Asia

This paper examines the road and railway links in Myanmar connecting northeast India on the one side with the rest of Southeast Asia on the other. It also discusses the importance of new deep-sea port...

by Hector Florento | On 16 Feb 2016

Towards “Trade Policy Analysis 2.0”: From National Comparative Advantage to Firm-Level Trade Data

This paper makes the case for the need to “upgrade” current analytical tools used for trade policy analysis and complement them with more detailed firm-level data. Such an upgrade should be based on t...

by Lucian Cernat | On 16 Feb 2016

Thailand’s Economic Integration with Neighboring Countries and Possible Connectivity with South Asia

Thailand’s increasing importance as a regional co-production base and as an intra-regional trade and border trade hub is due mainly to recent changes in its economic structure, namely, the lack of ope...

by Suthiphand Chirathivat | On 16 Feb 2016

Financial Inclusion, Financial Education, and Financial Regulation: A Story from Indonesia

Many reforms have taken place in Indonesia following the Asian financial crisis of 1997– 1998. The government has embarked upon institutional transformation, making the country one of the region’s mos...

by Georg Inderst | On 16 Feb 2016

Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh

Like other developing countries, Bangladesh initiated financial sector reform program during 1990’s. The main objectives of the financial sector reform programs were: i) Gradual B 3 | P a g e eliminat...

by Sayera Younus | On 15 Feb 2016

Monetary Transmission through Bank Portfolio in Bangladesh

This paper examines whether monetary policy transmits through bank assets or liabilities or both. This is an important policy issue since in order to know the effectiveness of monetary policy it is ne...

by Sayera Younus | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

Lower spread is a vital indicator of the efficiency and competition in the financial system and conducive to higher economic growth of a country via investment spending. In Bangladesh, the spread in t...

by Shamim Ahmed | On 15 Feb 2016

The Role of an Explicit Subordinate Debt Policy in the Smooth Transition to Basel II

The major concern for the banking sector of Bangladesh is that implementation of Basel II will cause banks to raise capital appreciably and thus undermine their existing capital position. In such a si...

by Md. Kabir Ahmed | On 15 Feb 2016

Public Provision of Education and Government Spending in Pakistan

The study has been carried out to measure the incidence of government spending on education in Pakistan at the provincial (both rural and urban) level, using the primary data of the Pakistan Social St...

by Muhammad Akram | On 14 Feb 2016

Household Budget Analysis for Pakistan under Varying the Parameter Approach

Using micro-level household data for rural and urban Pakistan, this study estimates Engel equations for 22 commodity groups with quadratic spline specification, in which the number and locations of kn...

by Eatzaz Ahmad | On 14 Feb 2016

The Political Games in the Taliban Negotiations

That the Taliban has agreed to negotiations is not surprising. It has much to gain from participating in negotiations – yet almost no incentives to agree to any sort of a deal before 2015. Nor should...

by Vanda Felbab-Brown | On 14 Feb 2016

Afghanistan’s Deep Challenges and Transition Opportunities

The continued withdrawal of ISAF forces and the handover of responsibilities to Afghan National Security Forces (ANSF) along with a strong Taliban military push dominated the security realm. The ANSF...

by Vanda Felbab-Brown | On 14 Feb 2016

Test of Multi-moment Capital Asset Pricing Model: Evidence from Karachi Stock Exchange

This study examines the Capital Asset Pricing Model of Sharpe (1964) Lintner (1965) and Black (1972) as the benchmark model in the asset pricing theory. The empirical findings indicate that the Sharpe...

by Attiya Y. Javid | On 14 Feb 2016

A Study of Cases Filed under Section 498A, IPC; Closed as False in Two Districts and Two Cities of Rajasthan

This study explores closed cases filed under section 498A of the IPC, which pertains to cruelty to a married woman by her marital family. It draws from two datasets of both primary and secondary data,...

by Anjali Dave | On 14 Feb 2016

Strengthening Corporate Governance to Combat Corruption

The collapse of global financial markets in September 2008 has ignited a debate on what caused their quick undoing. As captured in the comments of the OECD Secretary-General, there is a growing sentim...

by Transparency International TI | On 13 Feb 2016

Foreign Direct Investment in Health Services

The purpose of this paper is to document the emergence and growth of FDI in health services, and to discuss its drivers, potential benefits and risks associated with this FDI, as well as policy issues...

by Zbigniew Zimny | On 13 Feb 2016

Pharmaceutical policy study in Hong Kong

The objective of this study is to achieve contextual understanding of pharmaceutical policymaking in Hong Kong by describing its processes and explaining how policymaking works. There are two stages i...

by Benjamin Chan | On 13 Feb 2016

Public Policies For Facilitating Medical Tourism Industry In Asia

The paper attempts to analyze the role of public policy adjustments in facilitating the medical tourism sector in Asian countries in response to recent global economic events. While falling incomes ma...

by Vinay Singh | On 13 Feb 2016

Segmented Schooling: Inequalities in Primary Education

This paper utilizes a newly collected nationally representative survey data from over 41,550 households to examine social inequality in children’s educational outcomes. The focus is on 8 to11 year old...

by Sonalde Desai | On 13 Feb 2016

Ending Corruption to Ensure Basic Education for All

Universal primary education is one of the eight pledges of the Millennium Development Goals (MDGs) that are set to be met by 2015. Since the goals have been adopted, corruption and governance deficits...

by Transparency International TI | On 12 Feb 2016

Towards the Circular Economy: Accelerating the Scale-Up across Global Supply Chains

In this report, the World Economic Forum and the Foundation, with analytics provided by McKinsey & Company, acting as project adviser, joined forces to reconcile the concept of scaling a circular econ...

by | On 11 Feb 2016

New Growth Models: Challenges and Steps to Achieving Patterns of More Equitable, Inclusive and Sustainable Growth

The global economy is growing at an unprecedented pace, bringing large swathe’s of the world’s population out of poverty. But this is not without its challenges. New Growth Models takes a closer look...

by World Economic Forum [WEF] | On 11 Feb 2016

There's No Such Thing as a Free Lunch!

The Union Budget falls on February 29- this being a leap year. An online opinion poll on a leading media website reads: “Should Arun Jaitley prefer growth or fiscal deficit?” As India emerges as the...

by Tulsi Jayakumar | On 11 Feb 2016

Life and Work in Jeedimetla: A Montage

The workers have to put up with poor housing and living conditions that cramp and disrupt their family lives. There is no government plan to house these workers when industrial areas like in Jeedimetl...

by Mithun Som | On 09 Feb 2016

Inequities in Health Services in Mumbai

In absolute terms, the MCGM has presented a budget for the year 2015-16 wherein its income is Rs. 33,000 crores and expenditure is Rs 31,000 crores. Out of this expenditure, it has allotted Rs. 2,552...

by Sadanand Nadkarni | On 09 Feb 2016

The Challenges in Urban Planning to Overcome Health Inequities in India

India has 8,928 urban areas or towns as per the Census 2011, 53 are cities or metros having more than 1 million population. Till date, we had taken for granted that several health indicators were wors...

by Dhruv Mankad | On 09 Feb 2016

The PLA’s Evolving Global Role and New Security Initiatives

China’s increased openness, accelerating economic development, and the emergence of new security challenges and relationships in the post-Cold War world have cast the Chinese military and its role in...

by | On 08 Feb 2016

Market Constitution Analysis

This paper outlines an integrative framework for the analysis of market constitution and explores its application to solar power technology markets. These markets are currently still in the making and...

by | On 08 Feb 2016

2009 World Survey on the Role of Women in Development: Women's Control over Economic Resources and Access to Financial Resources, including Microfinance

The World Survey on the Role of Women in Development is the flagship publication of the United Nations Division for the Advancement of Women. It is presented to the Second Committee of the General Ass...

by UN Women | On 08 Feb 2016

Market Design for Altruistic Supply: Evidence from the Lab

Volunteer supply is widespread, yet without a price inefficiencies occur due to suppliers’ inability to coordinate with each other and with demand. For these contexts, we propose a market clearinghous...

by Robert Slonim | On 07 Feb 2016

Subjective Well-being in China, 2005-2010: The Role of Relative Income, Gender and Location

We use data from two rounds of the Chinese General Social Survey (CGSS) to study the determinants of subjective well-being in China over the period 2005-2010 during which self-reported happiness score...

by M. Niaz Asadullah | On 07 Feb 2016

Building Integrity And Countering Corruption In Defence & Security

This is the second edition of the TI Defence and Security Programme's Handbook, Building Integrity and Reducing Corruption in Defence and Security: 20 Practical Reforms. This Handbook has a simple pur...

by Transparency International TI | On 06 Feb 2016

Working to Improve Price Indices Development in Pakistan

Given the importance of Consumer Price Index (CPI), there has been long debate on its measurement issues. It is the best and most well-known indicator of inflation, which is further used for evaluatin...

by Mahmood Khalid | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

The study analyses market perception about the performance of Pakistani commercial banks due to financial liberalisation and deregulation measures taken by the central bank over the last two decades....

by Kalbe Abbas | On 06 Feb 2016

Using Online Vacancies and Web Surveys to Analyse the Labour Market: A Methodological Inquiry – 2016

This paper discusses methodological issues arising from the use of online job vacancy data and voluntary web-based surveys to analyse the labour market. It highlights the advantages and possible disad...

by | On 05 Feb 2016

Transparency in Corporate Reporting: Assessing the World's Largest Companies (2014)

This Transparency International report, Transparency in Corporate Reporting: Assessing the World’s Largest Companies, evaluates the transparency of corporate reporting by the world’s 124 largest publi...

by Transparency International TI | On 05 Feb 2016

Incentivising Integrity in Banks

In the aftermath of the global financial crisis, many different cases of malfeasance and corruption at banks have been exposed. To date, settlements worth more than US$ 230 billion have been agreed be...

by Transparency International | On 05 Feb 2016

Assessment of the Bhutan Anti-Corruption Commission 2015

The assessment of Bhutan's Anti-Corruption Commission (ACC) represents the first time Transparency International has conducted an independent assessment of this sort. The tool will be applied to other...

by Transparency International | On 03 Feb 2016

Sudanese Public Opinion after Secession

The referendum on the secession of South Sudan was conducted with the exclusion of the Sudanese in the North and as such the people of the South thus expressed their opinion and decided on secession,...

by | On 03 Feb 2016

The Inter-linkages between Democracy and Per Capita GDP Growth: A Cross Country Analysis

The empirical growth literature gives no clear indication as to how democracy impacts growth; there is evidence of both positive and negative effects and also of no direct link in democracy and growth...

by Madeeha Gohar Qureshi | On 03 Feb 2016

Preliminary Study: Explaining the Ten-fold Increase in Remittances to Pakistan 2001-2012

This study is part of a broader study being undertaken by PIDE on remittances and their impact on the Pakistan economy including explaining its over ten-fold increase between 2001–2012 from around US$...

by Rashid Amjad | On 03 Feb 2016

What Determines Payment Methods and Deal Amount in Corporate Merger and Acquisitions in Pakistan

The present study examines the determinants of payment mode choice and deal amounts in financial and nonfinancial sectors mergers and acquisitions (M&A) in Pakistan, undertaken during period 2005–2012...

by Yasmeen Akhtar | On 03 Feb 2016

Governance and the Effectiveness of Foreign Capital

This study empirically investigates the impact of foreign capital and governance on the economic growth by employing country level data from 1984 to 2010 for Asian developing countries. Governance; fo...

by Unbreen Qayyum | On 03 Feb 2016

Remittances and Economic Growth: The Role of Financial Development

Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remitta...

by Unbreen Qayyum | On 03 Feb 2016

Liquidity Benefits from Underpricing: Evidence from Initial Public Offerings Listed at Karachi Stock Exchange

This study explains the underpricing phenomenon through the relationship of underpricing (initial returns), ownership structure and aftermarket liquidity empirically by using cross-sectional data of 5...

by Malik Muhammad Shehr Yar | On 03 Feb 2016

The Global Financial Crisis and Investors' Behaviour: Evidence from the Karachi Stock Exchange

The present study empirically examines the short term under and overreaction effect in the Karachi Stock Exchange, Pakistan, in the context of the 2008 Global Financial Crisis considering the period f...

by Asiya Sohail | On 03 Feb 2016

Does Inside Ownership Matters in Financial Decisions and Firm Performance: Evidence from Manufacturing Sector of Pakistan

This study provides the evidence on the effect of managerial ownership on the firm’s performance and financial policies (debt and dividend) for 140 listed manufacturing firms of Pakistan.

by Haris Arshad | On 03 Feb 2016

Financial Flows, External Capital Structure, Institutions and Economic Growth in Asian Developing Economies

Present study is conducted to measure the impact of financial integration on economic growth in Asian developing economies using panel data of twelve Asian countries from 1984-2012. In first part of a...

by Madiha Bashir | On 03 Feb 2016

Building Genuine Islamic Financial Institutions

Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial in...

by Asad Zaman | On 03 Feb 2016

Explaining the de facto Open-access of Public Property Commons

Public property common pool resources in many developing countries are manage them in a sustainable manner. While this explanation may have some merit, it is certainly inadequate. Instead, we argue th...

by Junaid Memon | On 03 Feb 2016

The Relationship between Disaggregate Energy Consumption, Economic Growth and Environment for Asian Developing Economies

This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Coin...

by Ali Cheema | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

This study investigates the existence of accrual anomaly by using a sample of 340 non-financial firms listed at Karachi Stock Exchange. The objective of the study is to examine the persistence of th...

by Jawad Mohammad | On 03 Feb 2016

Financial Incentives to Industry

This paper provides details of the decisions made by the Environment Standards Committee (ESC) on Financial Incentives to industry. It also documents the progress made so far in the implementation of...

by Abdul Khan | On 02 Feb 2016

The 2014 Arab Opinion Index

The 2014 Arab Opinion Index is the third annual survey of Arab public opinion carried out by the Arab Center for Research and Policy Studies. In 2011, the survey was carried out in 12 Arab countries,...

by Arab Center for Policy Studies | On 02 Feb 2016

Pushing the Debate on Public Health

In honour of Krishna Raj, the legendary editor of Economic and Political Weekly, the Anusandhan Trust established the Krishna Raj Memorial Lecture series on Health and Social Sciences. This year’s lec...

by Padma Prakash | On 02 Feb 2016

Remittances: An Unrecognised Support Mechanism During Humanitarian Crises

Remittances – money sent home by migrants – can help families survive conflicts or natural disasters. However, humanitarian agencies often fail to consider remittances when planning interventions. Thi...

by Paul Harvey | On 01 Feb 2016

Sudan and Iran: The Journey of Rapprochement in light of the Current Arab Landscape

This study examines Sudan's relationship with Iran in light of the numerous Israeli air raids being launched against it, and explores whether the Sudanese regime has a preference for Iranian or Arab a...

by | On 01 Feb 2016

The Story of Primary Health Care : from Alma Ata to the Present Day

The idea of primary health care (PHC) emerged in the 1960s, in recognition of the shortcomings of the health systems inherited by developing countries after independence. The urban, centralised and cu...

by Institute of Development Studies IDS | On 01 Feb 2016

Voices from the South: The Impact of the Financial Crisis on Developing Countries

This report presents snapshots of the financial crisis as seen by 21 thinkers, academics and policymakers in 14 developing countries. IDS invited them to present their views on the likely impacts and...

by Neil McCulloch | On 01 Feb 2016

Water Policy Brief : Water Policy Programme

Access to clean water is central to healthy and productive lives for the poor. Yet at the beginning of the 21st Century over one billion people still lack this vital resource (WWC, 2000). A decade ago...

by Water Policy Programme WPP | On 01 Feb 2016

Pensions at a Glance: Asia/ Pacific

This study combines rigorous analysis with clear, easy-to-understand presentation of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inf...

by OECD Development Centre | On 01 Feb 2016

Pensions at a Glance Asia/Pacific 2011

National pension provision in Asia/Pacific is very diverse. Nine economies have public schemes that pay earnings-related pensions. They are called “defined-benefit” (DB) schemes because the value of t...

by OECD Development Centre | On 01 Feb 2016

Financial Reforms - Past and Present

Industrial countries are still struggling, with a few exceptions, to grow. Our fellow BRICS all have deep problems, with confidence about China waxing and waning. India appears to be better in this l...

by Raghuram G. Rajan | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

In emerging economies like India, banking sector is very important. But banking sector is at 'crossroads'. There are many issues which this sector is facing and research which would generate fresh i...

by S.S. Mundra | On 01 Feb 2016

Pensions at a Glance: Asia and Pacific

This study combines rigorous analysis with clear, easy-to-understand presentation of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inf...

by OECD Development Centre | On 31 Jan 2016

Pensions at a Glance Asia-Pacific 2011

National pension provision in Asia/Pacific is very diverse. Nine economies have public schemes that pay earnings-related pensions. They are called “defined-benefit” (DB) schemes because the value of t...

by OECD Development Centre | On 31 Jan 2016

Massive, Globally Coordinated Fiscal Stimulus is Needed: Going From the Drawing Board to Swift Action

In just over a year, the mid-2007 sub-prime housing debacle in the United States has escalated into a global financial crisis and pushed the world economy into recession arguably the deepest since Wor...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

The Trillion Dollar Plan

The rapidly unfolding global financial and economic crisis will severely disrupt economic growth worldwide, affect the livelihoods of billions around the world and endanger progress toward the poverty...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Off-shoring, Insecurity and the Protectionist Threat

The financial crash of 2008 threatens economic insecurity in industrialized countries to an extent not experienced since the Great Depression. But as discussed in the World Economic and Social Survey...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Can we Avert the Next Dollar Crisis?

Are we heading towards a hard landing of the United States dollar? In recent months, the value of the dollar approached another historic low vis-à-vis other major currencies. This contrasts with the i...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Till Debt do us Part: the Urgency of a Sovereign Debt Workout Mechanism

The danger to global economic recovery posed by the European debt turmoil throws a spotlight on a key missing international institution critical to global finance a sovereign debt resolution mechanism...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Fiscal Stimulus is still Needed for Global Recovery

Responding to the economic and financial crisis, a large number of countries introduced fiscal stimulus packages to support aggregate demand. These have been critical in avoiding the recession becomin...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

A Truly Green Agricultural Revolution is Needed

The recent food price spikes have exposed deep structural flaws in the world food system. Although increased financial speculation in commodity futures and options markets seems to have amplified shor...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Can a Protracted Slowdown be Avoided?

The world economy is teetering on the brink of another major downturn. As in 2008, economic woes in the major developed economies are weakening economic prospects around the world. Th ere are multiple...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

The Potential of Financial Transaction Taxes for Development Financing

Difficulties in raising sufficient resources to finance internationally agreed development goals and global objectives, such as combating climate change, have led the quest for new and innovative sour...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Are Trade Openness and Financial Development Complementary?

Trade liberalization and financial deepening have assumed greater significance for a country’s economic growth performance in recent times. This paper finds that trade openness and financial developme...

by Ram Upendra Das | On 30 Jan 2016

Relationship between Credit Rating, Capital Structure and Earning Management Behaviour: Evidence from Pakistani Listed Firms

Credit ratings have become a widely accepted measure of firms’ creditworthiness in financial markets. The present study aims to examine the impact of external credit ratings on the financial structure...

by Shoaib Ali | On 30 Jan 2016

A Report on the Status of Pardhis in Mumbai City

Owing to a dearth of government data and research studies on the urban existence of Pardhis, one of the principal aims of this study was to render visibility to the issue.

by Paankhi Agrawal | On 30 Jan 2016

Women's Leadership and Corporate Performanace

Is leadership diversified in Asian corporate boardrooms? How is gender diversity in corporate leadership associated with financial performance? What is the magnitude of potential gain by allocating hu...

by Meijun Qian | On 30 Jan 2016

Spatial Dimensions of Muslim Well-Being in India: A Comparative Study of Indian Districts

The Sachar Commission Report of 2006 on Social, Economic and Educational Status of the Muslim Community of India generated widespread awareness of the socioeconomic disparity and exclusion of religiou...

by Riaz Hassan | On 29 Jan 2016

Trade Secrets, Innovation and the WTO

The intersection of trade secrets, innovation, and the World Trade Organization (WTO) forms a topic that is increasingly debated as part of the public discourse on intangible capital and intellectual...

by | On 28 Jan 2016

The Costs of Adaptation in Punakha, Bhutan: Loss And Damage Associated With Changing Monsoon Patterns

People in the Himalayan region are confronted with changes due to global warming. Glaciers are melting, leading to changing river flows and an increased risk of floods (Richardson and Reynolds, 2000;...

by Norbu Wangdi | On 28 Jan 2016

Youth Unemployment

This paper looks at recent trends in youth unemployment and joblessness and seeks to clarify some issues related to the nature of the youth labour market ‘problem’. During the recession, the prevalenc...

by Niall O’Higgins | On 28 Jan 2016

Earnings and Education among Ethnic Groups in Rural India

In rural India social and cultural norms are deep rooted in society. Access to productive assets, employment opportunities and consequently incomes are to a large extent influenced by these social fac...

by Jeemol Unni | On 28 Jan 2016

Tribal Education in Gujarat: An Evaluation of Educational Incentive Schemes

This paper provides a comprehensive review of the working of various incentive schemes and assesses their utility coverage and quality of benefits received by the tribal children, besides an analysis...

by B.L. Kumar | On 28 Jan 2016

Primary Health Care in Gujarat: Evidence on Utilization, Mis-Matches and Wastage

In order to provide adequate and quality primary health care, a multi-layered network of public health infrastructure has been created right from the district to the village level. But Health for All...

by B.L. Kumar | On 28 Jan 2016

Consolidated Replies on State of the Sector Report 2012 for Microfinance

This document incorporates outputs of two discussions conducted on State of the Sector Report 2012. The summaries of the two discussions on SOS 2012 also find place in the State of the Sector Report...

by United Nations Development Programme (UNDP) | On 27 Jan 2016

Synthesis of Important Discussions on Livelihood and MF issues related to Domestic Workers

This publication focuses on the issues related to domestic workers such as financial inclusion of urban poor , issues related to identity proof for opening accounts in the banks, best practices for do...

by United Nations Development Programme (UNDP) | On 27 Jan 2016

Financial Inclusion and Livelihood Promotion of Rickshaw Pullers in India

The research study highlights the financial inclusion needs of cycle rickshaw pullers in India. These include access to service sectors; improvement of asset base; employment of their women; increase...

by | On 27 Jan 2016

Samruddhi - The Madhya Pradesh Model of Financial Inclusion

The report assesses the impact of Samruddhi- the Madhya Pradesh model of financial inclusion that aims to improve access of the state’s poor to finance. It examines the current level and pattern of ac...

by | On 27 Jan 2016

Payments Banks: Support Policy Framework for Enhancing Viability and Inclusion

The paper reviews the payment guidelines issued by the Reserve Bank of India, global experiences for non-banks in payments and the lessons therefrom. It also outlines the recent developments in financ...

by | On 27 Jan 2016

Achieving Bangladesh's Tourism Potential: Linkages to Export Diversification, Employment Generation and the "Green Economy"

The objective of this working paper is to critically test the assertion that pro-poor "green" tourism is one of the best development options for the majority of least developed countries (LDCs) -- a c...

by Shoaib Akhtar | On 27 Jan 2016

The Political Economy of Low-carbon Investments: Insights from the Wind and Solar Power Sectors in India

The primary motivation behind this research is the need to accelerate the supply of renewable energy because of the important role that it plays in mitigating climate change and in fostering sustainab...

by | On 26 Jan 2016

Improving The Availability Of Trade Finance In Developing Countries: An Assessment Of Remaining Gaps

While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared – and might h...

by Marc Auboin | On 26 Jan 2016

Charting the Evolving Landscape of Services Trade Policies: Recent Patterns of Protection and Liberalization

While greater focus has been cast on analysis of policy changes affecting trade in goods in the aftermath of the financial crisis, little is known about the direction of policies affecting trade in se...

by Martin Roy | On 26 Jan 2016

External Shocks

After the global financial crisis, India was exposed to many external shocks from commodity prices and foreign capital flows. Although capital flow fluctuations were largely due to global risk-on risk...

by Ashima Goyal | On 24 Jan 2016

Public Debt Sustainability in Bangladesh

This policy note reviews the trend in debt composition and sources of debt financing and analyzes debt sustainability of Bangladesh. Along with historical data on level of debt and sources of financin...

by Md. Ezazul Islam | On 23 Jan 2016

Institutional Lending and Financing Policy for SMEs in Bangladesh

Over the last few years, the government has taken a number of initiatives in terms of financial, fiscal, and related policies; adopted strategies; and implemented actions for promoting SME-led economi...

by Naima Nazneen Rikta | On 23 Jan 2016

Prospects and Challenges of Bond Market Development in Bangladesh

The thin bond market in Bangladesh faces manifold challenges emanating from several sources including excessive reliance on bank credit, government debt instruments dominated by primary auction based...

by Md. Akhtaruzzaman | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

The statutory liquidity requirement (SLR), as a monetary policy instrument, has experienced infrequent changes in Bangladesh. Past evidence shows that reduction in SLR produced positive impact on bank...

by Sayera Younus | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

The main purpose of the survey is to collect data on the extent of the mis-reporting of deposit interest rates, as accurate data is essential for effective financial and monetary policy.

by Md. Ezazul Islam | On 23 Jan 2016

India and the BRICS Partnership

India and its partners – Brazil, China, Russia and South Africa – in the BRICS forum have launched the New Development Bank. With the leaders of these countries, who recently met at Ufa in Russia, dis...

by | On 23 Jan 2016

India’s Latest GDP Growth Figures: Glaring Macroeconomic Concerns

A close analysis of India’s higher growth rate in the last financial year reveals some disturbing signs of emerging vulnerabilities on both the supply and demand sides of the macro-economy. Stagnant a...

by | On 23 Jan 2016

Bilateral Free Trade Agreements (FTAs) Opportunities and Challenges for Bangladesh - Framework Issues

In the backdrop of rise in Free Trade Agreements (FTAs) in developing countries, particularly after the global financial and economic crisis, Bangladesh is still ambivalent in setting its strategies r...

by Khondaker Moazzem | On 23 Jan 2016

Rationalizing Interest Rate Spread in the Banking Sector: Some Policy Suggestions

Despite the removal of restrictions and reforms in the banking sector to facilitate the adoption of a market oriented interest rate policy, interest rates are yet to become fully responsive to the mar...

by Bangladesh Bank | On 23 Jan 2016

Navigating the Global Financial Storm: Challenges for Bangladesh

The present global financial crisis shows that there is no substitute of prudent government intervention and careful regulation even when market determined incentive structures operate. The pursuit of...

by Bangladesh Bank | On 23 Jan 2016

Expanding Education Opportunities Expanding Education Opportunities Delhi’s SC/ST tution fee reimbursement scheme

The Department for the Welfare of SC/ST/OBC/Minorities introduced the SC/ST tuition-fee reimbursement scheme in 2003-2004 for SC and ST students of Delhi enrolled in recognized unaided private schools...

by | On 22 Jan 2016

Financial Crises and Poverty in Emerging Market Economies

This study examines the impact of the principal financial crises in emerging markets in recent years on the incidence of poverty in the countries in question. The growth impact is first identified by...

by | On 22 Jan 2016

Economics of Fisheries and Aquaculture in the Coral Triangle Economics of Fisheries and Aquaculture in the Coral Triangl

Consolidates information on fisheries and aquaculture using a regional lens and analytical tools. Cover the Coral Triangle countries: Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Island...

by Asian Development Bank Institute | On 22 Jan 2016

The Impacts of Diesel Price Increases on India’s Trucking Industry

In the fiscal year 2011–12, under-recoveries1 incurred by Indian oil-marketing companies for diesel rose to an all-time high of INR81,192 crore (US$15 billion) (Government of India, 2012a). Diesel con...

by Gayatri Khedkar | On 21 Jan 2016

Financial Crisis of 2008 and Shifting Economic Power Is there Convergence

This paper analyses shifts in economic power over the last almost five decades. Developing countries and regions have increased their share of incremental world income and incremental world exports ov...

by Manmohan Agarwal | On 21 Jan 2016

Mapping of Nutrition Teaching and Training Initiatives in India: The Need for Public Health Nutrition

India also tops the charts globally in the prevalence of risk factors for several chronic diseases. Although Public Health Nutrition (PHN) - both as an academic field as well as a means to improved he...

by Shweta Khandelwal | On 19 Jan 2016

An Evaluation Of Mid -Day Meal Scheme

With the twin objectives of improving health and education of the poor children, India has embarked upon an ambitious scheme of providing mid day meals (MDM) in the government and government-assisted...

by Satish Deodhar | On 19 Jan 2016

Rural Sanitation Transformation in Himachal Pradesh

The relationship between poor sanitation, water borne disease, mortality and malnutrition is well documented. Statistics about the number of deaths due to diarrhea as well as stunting caused by malnut...

by Deepak Sanan | On 19 Jan 2016

A Critical Review of Selected Time Use Surveys

This paper was prepared as part of the preparatory phase for the UNRISD research project on Political and Social Economy of Care. The overall aim of the project is to examine the way in which care is...

by | On 19 Jan 2016

Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countr...

by Sarmistha Pal | On 19 Jan 2016

Human Trafficking in Southeast Asia: Results from a Pilot Project in Vietnam

Human trafficking is one of the most widely spread and fastest growing crimes in the world. However, despite the scope of the problem, the important human rights issues at stake and the professed inte...

by Ngan Dinh | On 19 Jan 2016

The Utility of Mixed Methods in the Study of Violence

This paper examines how qualitative and quantitative research methods may best be integrated in the study of violence, providing and critiquing examples from previous work on different forms of violen...

by | On 18 Jan 2016

Inequality Effects of Fiscal Policy: Analysing the Benefit Incidence on Health Sector in India

This paper analyses the benefit incidence of public health spending on inpatient service delivery, categorised by region, gender and economic class. Inpatient morbidity data among quintile-wise MPCE...

by Kausik K. Bhadra | On 18 Jan 2016

Equity and Health­ Care in the Era of Reforms

Two important policy shifts occurred with the period of economic reforms: one, the sharp reduction in the controlled drug list leading to significant increase in drug prices, and second, the introdu...

by Gita Sen | On 18 Jan 2016

The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment

This paper identifies the ingredients for what it calls “light-handed” industrial policy to address these obstacles. To a certain extent, emerging market hosts can carry out the policy interventions r...

by Theodore H Moran | On 15 Jan 2016

Migration, Education and the Gender Gap in Labour Force Participation

Women who want to work often face many more hurdles than men. This is true in Tajikistan where there is a large gender gap in labour force participation. We highlight the role of two factors – interna...

by Myeong Su Yun | On 14 Jan 2016

Housing Policies in China: Issues and Options

This article consists in three parts. The first part deals with theory. We evaluate the pros and cons of government involvement in urban housing and of renting versus ownership. In the second part, we...

by Yves Zenou | On 14 Jan 2016

Women Migrants and their Mental Health: A Study of Working Women Hostellers in Mumbai

Mental health is an important component of the total positive health and is interwoven closelywith the physical and physiological dynamics of the human body. Migrant population, being a non-native pop...

by Reshmi R S | On 13 Jan 2016

Should Global Goal Setting Continue, and how, in the Post-2015 Era?

The Millennium Development Goals (MDGs) were introduced to monitor implementation of the United Nations Millennium Declaration which set out a vision for inclusive and sustainable globalization based...

by Sakiko Fukuda-Parr | On 13 Jan 2016

Recipients and Contributors: Middle income countries and the future of development cooperation

The new role that middle-income countries (MICs) play in the global landscape obliges international community to review the configuration of the development cooperation system. On the one hand, MICs s...

by | On 11 Jan 2016

Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A Case of India

The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...

by | On 11 Jan 2016

Living on the Edge: Immunization Coverage among Children of Nomadic and De-notified Tribes in the Slums of M-East Ward, Mumbai

This study was carried out to assess the immunization status of the NT-DNT children in the 0 to 5 year age group and also to suggest an intervention strategy to immunize the non-immunized children....

by Praveenkumar Katarki | On 11 Jan 2016

The Impact of the Global Economic and Financial Crisis on the Youth and Children

How can young people and their future education and employment be put at the forefront of the solution to the current crisis as they represent the future of the world? These are some of the issues tha...

by Emmanuel Akoto | On 11 Jan 2016

The Perils of Counting Caste

While the unpublished findings of the ‘Caste Census’ in India might not receive serious attention if ever made public, some of the socio-economic data, made available by the same Census, can set the m...

by Ronojoy Sen | On 10 Jan 2016

Trade and Development Report, 2010

The Trade and Development Report 2010 focuses on the need to make employment creation a priority in economic policy. Unemployment is the most pressing social and economic problem of our time, not leas...

by United Nations Conference on Trade and Development UNCTAD | On 09 Jan 2016

Trade and Development Report, 2015

The Trade and Development Report (TDR) 2015: Making the international financial architecture work for development reviews recent trends in the global economy and focuses on ways to reform the internat...

by United Nations Conference on Trade and Development UNCTAD | On 09 Jan 2016

Trade and Environment Review 2013

Developing and developed countries alike need a paradigm shift in agricultural development: from a "green revolution" to a "truly ecological intensification" approach. This implies a rapid and signifi...

by United Nations Conference on Trade and Development UNCTAD | On 09 Jan 2016

Patterns and Politics of Migration in South Asia

Migration is an important social and historical reality in South Asia. In the past decade, migration from one country to another and internal migration (i.e. migration within a particular country) hav...

by Sanjay Barbora | On 08 Jan 2016

Impact of Participatory Forest Management on Financial Assets of Rural Communities in Northwest Pakistan

The system of participatory (or joint) forest management was commenced in the North West Frontier Province (NWFP) of Pakistan in 1996 through Asian Development Bank's funded project. These forest refo...

by Tanvir Ali | On 08 Jan 2016

Street Sweeping as a Livelihood Strategy of Pode Community in KMC: Livelihood Assets and Vulnerabilities

The study of geography of poverty and peoples’ changing livelihood and their relation with globalization are some of the major areas of geographic research in the present context (Subedi, 2005). So, P...

by Basant Adhikari | On 08 Jan 2016

Geographic Analysis of Livelihood Strategy in Jagritinagar Squatter Settlement, Kathmandu

The general objective of this study is to analyse the urban poverty issue from the livelihood and vulnerability perspective in Jagritinagar squatter settlement of Kathmandu Metropolitan City. The spec...

by Rajip Adhikari | On 08 Jan 2016

World Population Prospects The 2015 Revision

Understanding the demographic changes that are likely to unfold over the coming years, as well as the challenges and opportunities that they present for achieving sustainable development, is important...

by United Nations (UN) | On 08 Jan 2016

Institutions for Asian Integration: Innovation and Reform

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. W...

by Masahiro Kawai | On 07 Jan 2016

Conflict through a Gender Lens

This brief suggests that those seeking an in-depth understanding of the social and political world need to apply a feminist curiosity – that is, a curiosity about the roles gender plays at all levels...

by | On 07 Jan 2016

New Measures of the Trilemma Hypothesis: Implications for Asia

The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they...

by Masahiro Kawai | On 07 Jan 2016

Socio-Economic Uncertainty and Violent Conflicts

This paper, with reference to the literature on research on violent conflicts, discusses socio-economic uncertainty and characteristics of coping with it in the context of violent mass conflicts. Rese...

by Gyöngyvér Demény | On 07 Jan 2016

India in the International Trade of Intermediates & Final Products – A Sector Level Study

International trade is redefined today in terms of trade in value added and global value chains. Most countries trade both in finished goods as well as intermediates. India, a less talked about countr...

by | On 07 Jan 2016

How Important are Exports and Foreign Direct Investment for Economic Growth in the People's Republic of China?

The global financial crisis and the recent growth slowdown in the People’s Republic of China (PRC) have led to questions about the sustainability of the PRC’s growth. The commonly used argument is tha...

by Yuqing Xing | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

Japan’s “two lost decades” perhaps represent an extreme example of a weak recovery from a financial crisis, and are now referred to as “Japanization.” More recently, widespread stagnation in advanced...

by Masahiro Kawai | On 07 Jan 2016

Modern Currency Wars: The United States Versus Japan

In 2013, through massive quantitative easing by the Bank of Japan (BOJ), the yen depreciated about 25% against the US dollar, stoking fears of Japan bashing by the US. However, this sharp depreciation...

by Ronald McKinnon | On 07 Jan 2016

Regional Financial Regulation in Asia

The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...

by Masahiro Kawai | On 07 Jan 2016

Habitat III Issue Papers : 22 – Informal Settlements

Although some governments acknowledge the existence of slums and informal settlements, many do not. This lack of recognition and subsequent response directly undermines city-wide sustainable developme...

by | On 05 Jan 2016

Stories of Change in Nutrition: A Tool Pool

This paper—which draws on inputs to, and discussions at, a methods development workshop—highlights the various concepts, methods, and tools that SoC researchers are considering to measure nutrition-re...

by | On 04 Jan 2016

Survey on Good Local Governance

The Survey on Good Local Governance is a 38-item survey that aims to obtain a broader data to help set the agenda for local government reforms in the Philippines. It covers the following: citizen perc...

by The Asia Foundation | On 02 Jan 2016

Global Financial Crisis: Impact on India’s Poor Some Initial Perspectives

This report presents some initial perspectives on the impact of theglobal financial crisis on the people of India, particularly the poor, and points to the need for policy actions to transform the sit...

by | On 01 Jan 2016

Summary of Indonesia's Gender Analysis

Indonesia has made significant progress in promoting gender equality. Gender gaps in the youth literacy rate have been eliminated. Near parity in enrollment rates in elementary up to tertiary levels h...

by Uzma Hoque | On 01 Jan 2016

Financial Literacy for Increasing Sustainable Access to Finance in Nepal

This paper explores how far the expansion of Banks and Financial Institutions including cooperatives assures the access to finance and its sustainability. The study also explores the worth of financia...

by | On 01 Jan 2016

Indo-Nepal Trade Relation: The Phenomenon of Black Hole Effect

In the field of international trade, an economy is assumed to be reeling under the 'BLACK HOLE EFFECT' of another economy, if all the major variables of international trade, irrespective of in which c...

by | On 01 Jan 2016

Managing Capital Flows in Asia: An Overview of Key Issues

Global capital flows into emerging markets, including those in Asia, continue to be volatile, generating both benefits and costs. The latter are associated with episodes of currency and banking crises...

by Ramón López | On 01 Jan 2016

Urban Systems and Urban Development in the People’s Republic of China

This paper examines the trends in urbanization in the People’s Republic of China. The People’s Republic of China (PRC) is experiencing a trend toward population concentration in its large coastal c...

by Zhao Chen | On 01 Jan 2016

On the Links between Violent Conflict and Household Poverty: How Much Do We Really Know?

This paper assesses the usefulness of a new emerging body of work on the micro-level analysis of conflict and violence in advancing our current understanding of the relationship between violent confli...

by Patricia Justino | On 30 Dec 2015

International Financial Reforms: Capital Standards, Resolution Regimes and Supervisory Colleges, and their Effect on Emerging Markets

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009: the improved capital requirements intended to reduce the...

by Duncan Alford | On 30 Dec 2015

Urban Systems and Urban Development in the People’s Republic of China

The People’s Republic of China (PRC) is experiencing a trend toward population concentration in its large coastal cities. However, at the same time, there is also a distortion of city size toward smal...

by Zhao Chen | On 29 Dec 2015

Causes and Remedies for Japan’s Long-Lasting Recession: Lessons for the People’s Republic of China

This paper will address why the Japanese economy has been trapped in a prolonged slowdown and will provide some remedies for revitalizing the economy.

by Farhad Taghizadeh-Hesary | On 29 Dec 2015

The Effects of Financial Globalization on Global Imbalances, Employment and Inequality

This paper reviews the empirical evidence for the macroeconomic effects of financial globalization and discusses why several of the expected benefits have failed to materialize, in terms of both long-...

by | On 29 Dec 2015

Labour Standards and Development Finance Institutions: A Review of Current Policies and Activities

Development Finance Institutions (DFIs) have the purpose of providing financial resources to economic actors in regions and sectors where access to capital is limited. Rather than competing with priva...

by | On 29 Dec 2015

Global Increase in Climate-Related Disasters

Intense climate-related natural disasters—floods, storms, as well as droughts and heat waves—have been on the rise worldwide. Is there an ominous link between the global increase of these hydrometeoro...

by Ramón López | On 29 Dec 2015

Strengthening Municipal Governance through Performance-based Budget Allocation in Bangladesh

In Bangladesh, pourashavas are an alternative destination to large cities. With the influx of urban residents within the next decades, governments and development partners must lead pourashavas toward...

by Norio Saito | On 29 Dec 2015

Public Debt Sustainability in Developing Asia: An Update

The paper updates debt sustainability analysis (DSA) for developing Asia, conducted in 2011. With the benefit of hindsight, the accuracy of the earlier debt ratio forecasts and underlying macroeconomi...

by Benno Ferrarini | On 29 Dec 2015

Financial Crisis as a Catalyst of Legal Reforms: The Case of Asia

This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. Findings show that six Asian countries pursued significant legal and judicial reforms follow...

by Masahiro Kawai | On 29 Dec 2015

An Asian Perspective on Global Financial Reforms

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and l...

by Peter Morgan | On 29 Dec 2015

Financial Health and Firm Productivity: Firm-Level Evidence from Viet Nam

This paper empirically investigates whether financial health shores up firm productivity. It presents productivity as another driving factor in translating financial development into real economic pro...

by Shandre Thangavelu | On 29 Dec 2015

Monetary Policy Frameworks in Asia: Experience, Lessons, and Issues

This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...

by Peter Morgan | On 29 Dec 2015

UNDP and Climate Change

Released on the eve of the Paris climate change conference (COP21), this report – a mix of infographics and country case examples – outlines UNDP’s decades-long support to partner countries to tackle...

by United Nations Development Programme (UNDP) | On 29 Dec 2015

Economic Implications of Deeper South Asian–Southeast Asian Integration: A CGE Approach

The paper estimates the potential gains to be large, particularly for South Asia, assuming that the policy- and infrastructure-related variables that increase trade costs are reduced via economic coop...

by Fan Zhai | On 29 Dec 2015

The Gender Dividend: A Business Case for Gender Equality

This paper presents the case for investments and actions — on an unprecented scale — to broaden the range of real opportunities open to the world's 3.5 billion women and girls. Advocates for equality...

by UN Women | On 28 Dec 2015

Economic Crises and Women’s Work: Exploring Progressive Strategies in a Rapidly Changing Global Environment

This paper examines issues of women’s employment and decent work in the context of the on-going global financial and economic crisis. Recognizing that financial and economic crises affect men and wome...

by UN Women | On 28 Dec 2015

Ready for a Slowdown?

Are we worse off at the end of 2015 than at the start?

by T.N. Ninan | On 25 Dec 2015

Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia

This study examines the relationship between firm characteristics and borrowing from commercial banks by small and medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Sout...

by Ganeshan Wignaraja | On 24 Dec 2015

Housing Policies for Asia: A Theoretical Analysis by Use of a Demand and Supply Model

The main objective of this paper is to give an overview of the most commonly used housing policies and to illustrate their economic impact. To facilitate the analysis, we first introduce a simple two-...

by Naoyuki Yoshino | On 24 Dec 2015

Income Distributions, Inequality, and Poverty in Asia, 1992–2010

In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated par...

by Duangkamon Chotikapanich | On 24 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

Sri Lanka has achieved a high level of financial inclusion compared to other South Asian countries. Its financial sector comprises a wide range of financial institutions providing financial services s...

by Saman Kelegama | On 23 Dec 2015

Fiscal Decentralization And Tax Incentives In The Developing world

Many developing countries use tax incentives to attract foreign direct investment, sacrificing immediate revenue from foreign capital, even though the effects of tax incentives on investment, growth,...

by Quan Li | On 23 Dec 2015

Capital Structure, Ownership and Crisis: How Different Are Banks?

Employing data for 1992-2012, the article examines the factors affecting the capital structure of publicly listed Indian banks from a corporate finance perspective and compares the findings by exploit...

by Goutam Chatterjee | On 22 Dec 2015

Endangering the Investment Climate

Achieving the Sustainable Development Goals (SDGs) will require high levels of productive private and public sector investment, which in turn requires a suitable investment climate. This paper provide...

by | On 22 Dec 2015

Climate Change and India: A 4 X4 Assessment a Sectoral and Regional Analysis for 2030

This report is a step in this direction. In particular, the knowledge and understanding of impacts as deduced from the Global Circulation Models and Regional Climate Models are not adequate to assess...

by Government of India GOI | On 22 Dec 2015

Information Economy Report 2015 - Unlocking the Potential of E-commerce for Developing Countries

The 2015 edition of Information Economy Report examines electronic commerce, and shows in detail how information and communications technologies can be harnessed to support economic growth and sustain...

by United Nations Conference on Trade and Development UN | On 22 Dec 2015

Population and Ageing in India

According to present indications, most of the growth in the older age groups will take place in developing countries and over half of it will be in Asia, especially in the two major population giants...

by | On 21 Dec 2015

Transitions to K-12 Education Systems Experiences from Five Case Countries

Preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling. It follows that the reasons for restr...

by | On 21 Dec 2015

Payment System Regulation for Improving Financial Inclusion

Drawing from existing domestic experiences and the first results of the international debate, this paper tries to identify some high-level recommendations on how the payments system should be regulate...

by Maria Malaguti | On 19 Dec 2015

A Note on Reserve Currencies with Special Reference to the G-20 Countries

It is most likely that the current reserve currencies will retain their status in the near future, given the persistence in the composition of reserve holdings. However, since we do not have complete...

by Menzie D. Chinna | On 18 Dec 2015

Can Improved Cooking Stoves Work? The Nepal Chulo Experience

What motivates rural households to switch from older cooking methods to newer, more improved, ones? Improved cooking stoves (ICS) technology has demonstrated capacity to reduce health hazards from smo...

by Dipika Gawande | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

Bangladesh has had impressive growth in exports, remittances and foreign exchange reserve in recent year. By analyzing the liberalizing regime from 1979 to this date by adopting a comprehensive approa...

by Abdul Wahab | On 18 Dec 2015

Farm Household Typologies and Mechanization Patterns in Nepal Terai

Although Nepal formulated an agricultural mechanization promotion policy in 2014, there is still much to learn about tailoring mechanization policies to different types of farm households. The Terai b...

by | On 18 Dec 2015

Trends in Maternal Mortality: 1990 to 2015

This report presents global, regional and country-level estimates of trends in maternal mortality between 1990 and 2015. It describes in detail the methodology employed to generate the estimates and t...

by United Nations | On 17 Dec 2015

Measuring Internal Migration around the Globe: A Comparative Analysis

Compared with other demographic processes, remarkably little attention has been given to the way internal migration varies between countries around the world. We set out the rationale for such compari...

by Elin Charles-Edwards | On 17 Dec 2015

Politics of UNSC Sanctions: The Issue of Nuclear Weapons Development

The paper tries to explain the imposition of sanctions by the UNSC on Iran and North Korea and the absence of UNSC sanctions on India and Pakistan. Although there are aspects in the sanctions on Iran...

by | On 17 Dec 2015

China and Myanmar: Strategic Interests, Strategies and the Road Ahead

This research paper is divided into two parts to provide a more complete view of how both countries think in term of their ambitions and the methods they deem important to achieve them. This paper arg...

by | On 17 Dec 2015

The Brics Development Bank

This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women’s rights; aligning with environmental and social...

by Oxfam International | On 17 Dec 2015

Building Tax Capacity in Developing Countries

The agenda for the Third International Conference on Financing for Development suggests there will be less focus on aid, and more on how developing countries can generate their own financial resources...

by Mick Moore | On 16 Dec 2015

China's Fitful Economic Reforms

Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...

by Eswar Prasad | On 16 Dec 2015

Global Increase in Climate - Related Disasters

Is there an ominous link between the global increase of the hydrometeorological and climatological events on the one side and anthropogenic climate change on the other? This paper considers three main...

by Vinod Thomas | On 15 Dec 2015

Financial Inclusion, Education, and Regulation in the Philippines

This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion. The primary policy challenge faced by the gover...

by Gilberto M. Llanto | On 15 Dec 2015

Empowering the Poor through Human Rights Litigation

The purpose of this manual is to collaborate with grass-roots organizations, in particular with NGOs, in defining the content of economic, social and cultural rights (ESC rights) and to empower the ac...

by Maritza Formisano Prada | On 10 Dec 2015

National Strategy Day on India: Delivering Growth in the New Context

The World Economic Forum along with the Confederation of Indian Industry (CII) convened the National Strategy Day on India on 3rd and 4th of November to provide a platform to boost economic growth and...

by | On 09 Dec 2015

Budget for Children in Meghalaya 2015-16

Budgets are the most solid expression of a government’s priorities, performances, decisions and intentions both at the national as well as the level of the states. This budget for children (BfC) in Me...

by HAQ Centre for Child Rights HAQCRC | On 08 Dec 2015

Vital Stats: Overview of Issues in the Power Sector in India

In the recent past, several initiatives have been taken to address the challenges in the power sector. These include structural changes in the regulatory framework as proposed by the Electricity (Ame...

by Prachee Mishra | On 04 Dec 2015

Global Increase in Climate-Related Disasters

Intense climate-related disasters—floods, storms, droughts, and heat waves—have been on the rise worldwide. At the same time and coupled with an increasing concentration of greenhouse gases in the atm...

by Vinod Thomas | On 30 Nov 2015

Youth Vulnerabilities in Life Course Transitions

This paper examines youth vulnerabilities, with a particular emphasis on low- and middle-income countries. It touches on the challenges confronted by young people exposed to extreme, life threatening...

by | On 26 Nov 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

by Aparna Ravi | On 25 Nov 2015

The Human Cost of Weather Related Disasters

Over the last twenty years, the overwhelming majority (90%) of disasters have been caused by floods, storms, heatwaves and other weather-related events. In total, 6,457 weather-related disasters were...

by | On 25 Nov 2015

How Much is Enough?

Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?

by T.N. Ninan | On 21 Nov 2015

Requiring Indian Utilities to Report: Harnessing Disclosure Legislation to Improve Water and Sanitation Services

The paper argues for a regular public reporting of key performance indicators by the WatSan utilities in India. It elaborates on how the policy behind these reforms could be operationalized.

by Premila Nazareth Satyanand | On 18 Nov 2015

Employment and Economic Class in the Developing World

This paper introduces a model for generating national estimates and projections of the distribution of the employed across five economic classes for 142 developing countries over the period 1991 to 20...

by | On 10 Nov 2015

Development Central Banking: A Review of Issues and Experiences

The paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...

by | On 28 Oct 2015

Child Labour and Legislative Framework

Employment of children amounts to denial of rights of future generation and depriving children of their opportunities to growth. Moreover, working at tender age in hazardous conditions exposes childre...

by Helen Sekhar | On 26 Oct 2015

Child-Related Financial Transfers and Early Childhood Education and Care

This paper examines policies for the support of families with children, in particular child-related financial transfers and early childhood education and care (ECEC) services. The analysis is mainly f...

by Mary Daly | On 21 Oct 2015

The Gender Dimensions of Pension Systems: Policies and Constraints for the Protection of Older Women

This paper documents the pervasiveness of women’s lack of income security in old age across a large number of countries, but also points to a number of important policy measures that can be taken to a...

by | On 20 Oct 2015

Impact of Migration on Poverty and Development

This paper reviews the literature on migration in South Asia, Southeast Asia, Southern Africa, East Africa and West Africa in order to highlight the complexity of migration patterns and impacts. It is...

by Tasneem Siddiqui | On 19 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

Aspirations and the Role of Social Protection: Evidence from a Natural Disaster in Rural Pakistan

This article uses Pakistan’s 2010 floods to identify the effects of a natural disaster on citizens’ aspirations. Aspirations were significantly reduced—especially among the poorest and most vulnerab...

by Katrina Kosec | On 19 Oct 2015

China’s One Belt One Road Strategy: The New Financial Institutions and India’s Options

This paper attempts to discuss India’s options to collaborate with China at the event of the formation of new financial institutions and how should India engage with China’s new Silk Road strategy.

by Ajay Chhibber | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

the influence of the industry financial composition on the export flow between Pakistan and its trading partners is determined. The importing countries are split according to their OECD membership st...

by Aadil Nakhoda | On 16 Oct 2015

Labour Market Reforms Since the Crisis: Drivers and Consequences

The paper analyses the determinants and effects of reforms of employment protection legislation (EPL), using a novel inventory that covers 111 developed and developing countries between 2008 and 2014....

by Clemente Pignatti Morano | On 15 Oct 2015

Bihar Ten Years of Election Watch: Comprehensive Reports on Elections, Crime and Money

Ten years of election watch in Bihar.

by Association for Democratic Reforms ADR | On 12 Oct 2015

Eleventh Five Year Plan (2007–2012) Social Sector

The Eleventh Plan places the highest priority on education as a central instrument for achieving rapid and inclusive growth. It presents a comprehensive strategy for strengthening the education secto...

by Planning Commission, India | On 09 Oct 2015

Urban Poverty in Asia

This paper on Urban Poverty in Asia looks at the different dimensions of poverty in Asia, both income and nonincome, its two main regions, including a brief account of who and what class of people are...

by Asian Development Bank Institute | On 09 Oct 2015

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

Rural Poverty Reduction Strategy for South Asia

Roughly 40 percent of the world’s poor live in South Asia, where poverty is basically a rural problem. Therefore, a significant gain in rural poverty reduction in this sub-region will be crucial to re...

by | On 30 Sep 2015

The Global Competitiveness Report 2015–2016

The Global Competitiveness Report 2015-2016 presents the rankings of the Global Competitiveness Index (GCI). The GCI is based on 12 pillars that provide a comprehensive picture of the competitiveness...

by | On 30 Sep 2015

Leveraging Urbanization in South Asia

Urbanization provides South Asian countries with the potential to transform their economies to join the ranks of richer nations in both prosperity and livability, but a new World Bank report finds the...

by World Bank | On 25 Sep 2015

Housing Finance Mechanisms in India

India is home to over 1.1 billion people. With about one in every sixth person in the world living in India, housing perforce assumes significant importance. Successive Indian governments have regarde...

by UN-HABITAT | On 25 Sep 2015

Global Nutrition Report Actions and Accountability to Advance Nutrition and Sustainable Development

The Global Nutrition Report 2015 is a report card on the world’s nutrition globally, regionally, and country by country and on efforts to improve it. It assesses countries’ progress in meeting global...

by International Food Policy Research Institute | On 24 Sep 2015

What Explains Child Malnutrition of Indigenous People of Northeast India?

Household risk factors affecting child health, particularly malnutrition, are mainly basic amenities like drinking water, toilet facility, housing and fuel used for cooking. This paper considered the...

by Laishram Ladusingh | On 24 Sep 2015

The Social Dimensions of Free Trade Agreements

The report provides a comprehensive review of all existing trade agreements that include social provisions and discusses impacts for enterprises and workers.It also helps assess the challenges for ari...

by International Labour Organiztion [ILO] | On 23 Sep 2015

Urban informal settlers displaced by disasters: challenges to housing responses

The growing frequency of urban disasters and the lessons learned from mega-events such as the 2004 Indian Ocean tsunami and the 2010 earthquake in Haiti have spurred the development of human rights gu...

by Internal Displacement Monitoring Centre | On 22 Sep 2015

Rural Health System in India: A Review

Rural Health is one of vital elements of rural life. India being a nation of villages requires an intensive approach towards rural health. Nearly 75 per cent of health infrastructure and other health...

by | On 22 Sep 2015

Education for All 2000-2015: Achievements and Challenges

This Report draws on all of this experience, to make sharp recommendations for the place of education in the future global sustainable development agenda. The lessons are clear. New education targets...

by United Nations Educational, Scientific and Cultura [UNESCO] | On 22 Sep 2015

Seventh, after Seven

Seven years after the financial crisis, countries have done well. India is also doing well but there is a lot of difference in the programmes announced and how they are implemented.

by T.N. Ninan | On 19 Sep 2015

Growth and Structure of the Services Sector in India

The Services sector accounts over one half of India’s GDP. The examination of the Services sector at a reasonably disaggregated level is necessary because the services sector (tertiary sector) is very...

by | On 18 Sep 2015

Political and Economic Analysis of State Business Relations in Andhra Pradesh: Impact on the Performance of Manufacturing Sector

The central objective of this paper is to enquire into the politics of the government and business relation and how it affected the industrial development in Andhra Pradesh.

by Alivelu G | On 17 Sep 2015

The Costs and Benefits of Investing in Sexual and Reproductive Health 2014

The 2014 edition of the UNFPA's Adding It Up expands the scope of the report and provides new estimates of the needs for and costs and benefits of sexual and reproductive health interventions in the f...

by | On 16 Sep 2015

Evolution of Minimum Wage Policy and Regulatory Framework: An Inter Country Perspective

The issue of wages is perhaps the most vital issue for various categories of workers, especially those engaged in the informal and unorganized sector. This study points out that in spite of various d...

by | On 15 Sep 2015

Price Rigidity, Inflation and the Distribution of Relative Price Changes

This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...

by Sartaj Rather | On 14 Sep 2015

The Conundrum of Profitability Versus Soundness for Banks by Ownership Type: Evidence from the Indian Banking Sector

Banks pursue profit like any business, but in their role as custodians of domestic savings, they are required to be cautious. Riskier but profitable advances may cause asset quality deterioration, thu...

by Sreejata Banerjee | On 14 Sep 2015

Overcoming the Curse of Malnutrition in India: A Leadership Agenda for Action

The leadership agenda for action released by Coalition for Sustainable Nutrition Security in India to promote policy, programme and budgetary focus on overcoming the curse of malnutrition. The Coaliti...

by Coalition for Food & Nutrition Security India | On 11 Sep 2015

Women, Business and the Law 2016: Getting to Equal

The report reveal the magnitude of the challenge that the world still faces in the quest for gender equality. This report promotes the cause of inclusion of women by informing research and policy disc...

by World Bank | On 11 Sep 2015

Basel III Implementation- Challenges for Indian Banking System

In India, Basel III capital regulation has been implemented from April 1, 2013 in phases and it will be fully implemented as on March 31, 2019. Do we need Basel III for a country like India? What are...

by N.S. Viswanathan | On 08 Sep 2015

A Nation under Threat: The Impacts of Climate Change on Human Rights and Forced Migration in Bangladesh

The report explores how climate change has become one of the major challenges to the enjoyment of the basic rights to life, food, health, water, housing and self-determination in one of the World's mo...

by Environmental Justice Foundation (EJF) | On 08 Sep 2015

Theories of Change in International Development: Communication, Learning, or Accountability?

Critically analysing assumptions is a much needed endeavour in international development policy and practice: existing management tools rarely encourage critical thinking and there are considerable po...

by | On 08 Sep 2015

Financial Inclusion in Asia: An Overview

This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. In terms of aggregate measures of financial development, the region a...

by | On 07 Sep 2015

A Review of Data on Nutrition in India: Preliminary Findings

This paper summarizes the preliminary findings of Global Nutrition Report (GNR), which we shared at the GNR stakeholder roundtable in New Delhi. The primary recommendations suggested are a set of core...

by | On 04 Sep 2015

Change in Efficiency Level in Achieving Human Development: Inter-Temporal Comparison of Indian States

In India, research on human development has received considerable importance from both the academic and policy point of view. However, all the previous studies on human development mainly focused on t...

by Swati Dutta | On 04 Sep 2015

The Great Expectations: Impact of One-Child Policy on Education of Girls

The findings of the paper highlights the role of fertility policies in women’s empowerment of last century. This paper investigates the impact of the birth control policies on teenage girls’ education...

by Wei Huang | On 03 Sep 2015

From Promises to Delivery: Putting Human Rights at the Heart of the Millenium Development Goals

This report focuses on three main issues – gender equality, maternal health and slums – which provide clear examples of how the MDGs and the targets set fall short of international human rights standa...

by Amnesty International AI, | On 31 Aug 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

A Policy Mix for Gender Equality? Lessons from High-Income Countries

Over the past 15 years, important gains have been made in gender equality. Gender gaps in educational attainment have shrunk substantially. In fact, in many high-income countries, young women’s educat...

by Megan Gerecke | On 31 Aug 2015

Employment and Wages in Indian Manufacturing: Post-Reform Performance

This work is a contribution to the Employment Policy Department’s focus on employment and growth in G20 developing economies. Much discussion on employment and growth in developing economies analyses...

by | On 27 Aug 2015

Efficacy of New Monetary Framework and Determining Inflation in India: An Empirical Analysis of Financially Deregulated Regime

Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...

by Lekha Chakraborty | On 25 Aug 2015

Priorities for Primary Education Policy in India’s 12th Five-year Plan

This paper seeks to bridge the gap by summarizing the research, making policy recommendations based on this research, and suggesting an implementation roadmap for the 12th Plan. The main findings repo...

by Karthik Muralidharan | On 20 Aug 2015

Profile of Educational Outcomes by Gender: An Age Cohort Analysis

How to achieve target of universal primary education in Pakistan and how do we keep students that have enrolled to continue with schooling to higher levels are the most important policy questions whi...

by Madeeha Gohar Qureshi | On 18 Aug 2015

Public Debt Management in India and Related Issues

This study focuses on the marketable domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...

by Lakshmanan L | On 13 Aug 2015

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

by Donghyun Park | On 12 Aug 2015

The BPO Challenge: Leveraging Capabilities, Creating Opportunities

There may not be a single standard approach to developing the ICT-BPO sector, the successful experiences of developing countries can provide useful insights and practical lessons for countries contemp...

by Fatima Lourdes E. Del Prado | On 12 Aug 2015

Reaching Every Child for Primary Immunization: An Experience from Parsa District, Nepal

This document describes the activities and achievements of an effective approach used in Nepal to involve community leaders and local health workers, volunteers, and organizations in tracking children...

by Hari Krishna Shah | On 06 Aug 2015

The Millennium Development Goals Report 2015

The MDG Report 2015 found that the 15-year effort to achieve the eight aspirational goals set out in the Millennium Declaration in 2000 was largely successful across the globe, while acknowledging sho...

by United Nations UN | On 05 Aug 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

Causes and Consequences of Income Inequality: A Global Perspective

The discussion above suggests that a variety of inter-related factors can impact inequality and have potentially differential effects across countries and income groups. In this section, using a simpl...

by | On 30 Jul 2015

Future and New Thoughts on Co-operative Banks

The co-operative movement in India is more than a century old; regulation thereof is also more than a century old with the first major impetus provided by the passage of the Co-operative Society Act i...

by R. Gandhi | On 29 Jul 2015

Study of the Global Crisis: A Question of Inevitability of the Euro Zone Crisis

The paper aims to analyse points of contention among economists and policymakers. This paper will discuss the pre-crisis conditions in the euro zone nations to gauge the extent of vulnerability of the...

by | On 28 Jul 2015

Liberalizing Trade of Environmental Goods and Services: How to Address the Free-Rider Problem

This paper aims to provide APEC members with evidence-based guidance on the implementation of the APEC mandate. Theoretically, this approach addresses the free-rider problem. Free riders are countries...

by | On 28 Jul 2015

The Income Mobility in Rural India: Evidence From ARIS/ REDS Surveys

Economic mobility is a significant consequence of income inequality and growth. In this paper, authors have used a unique ARIS/ REDS surveys data set for rural India spanning three decades to determin...

by Kailash Chandra Pradhan | On 21 Jul 2015

Securitisation in India: Ambling Down or Revving up?

Financial sector’s primary role is intermediation between ultimate savers and ultimate investors. Initially, it was banks which were the intermediaries. As the financial sector evolved, other types of...

by R. Gandhi | On 21 Jul 2015

Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?

This paper considers whether GDP-linked official external public debt can help address some of the challenges that developing countries face when managing international financial flows. GDP-linked off...

by United Nations Development Programme UNDP | On 20 Jul 2015

Research Productivity in Management Schools of India: A Directional Benefit-of-Doubt Model Analysis

Given the growing emphasis on research productivity in management schools in India, composite indicator (CI) of research productivity is developed, using the directional benefit-of-doubt (D-BOD) model...

by Biresh K Sahoo | On 20 Jul 2015

Banking on Non-solutions

Can state owned banks revive Indian economy? Let's see what the managerial solutions to revive banks show us.

by T.N. Ninan | On 18 Jul 2015

World Social Protection Report 2014/15

Social protection policies play a critical role in realizing the human right to social security for all, reducing poverty and inequality, and supporting inclusive growth – by boosting human capital an...

by International Labour Organisation ILO | On 17 Jul 2015

Articulating a Vision for a Progressive BRICS Development Bank

Amidst calls for reform of international financial institutions and failure of existing development banks to satisfy the development financing needs of developing countries in general, and BRICS in pa...

by | On 16 Jul 2015

Urbanisation and Urban Poverty: A Gender Analysis

Urbanisation and urban growth have accelerated in many developing countries in the past few years. While natural population growth has been the major contributor to urbanisation, rural-urban migration...

by Rachel Masika | On 10 Jul 2015

Action Alert? A Mid-Day Meal for Children: A Story Full of Non-Compliance, Poor Performance and Irregularities, Say the CAG Findings

Is the mid-day meal scheme following the nutritional standards? Are funds properly allocated? HARCRC is showing a clear picture of what is happening to the mid-day meal scheme.

by HAQ Centre for Child Rights HAQCRC | On 08 Jul 2015

Financial Frauds-Prevention: A Question of Knowing Somebody

Banks and financial institutions are easy prey to fraudsters. As long as banks and financial institutions handle huge sums of money as financial intermediaries they will always be the target of ingeni...

by R. Gandhi | On 06 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

If the entry of foreign banks results in a concentrated banking sector, as has been the case in several Central and Eastern European countries, then the goals of achieving financial inclusion are adve...

by Ramkishen S. Rajan | On 05 Jul 2015

The Sunday Edit: Tragedy of the Grecian Dilemma

Greek negotiations are more political than economic. Contrary to popular opinion, Greece has actually done quite well in terms of its macro fundamentals. And the case for imposing austerity measures...

by Saugata Bhattacharya | On 05 Jul 2015

A Financial Slave State

Greece is in huge financial trouble. Greece is paying the price for past follies like fictitious national accounts, unsustainable pension programmes, non-existent tax revenues and (the biggest mistake...

by T.N. Ninan | On 04 Jul 2015

Financial Education in Asia: Assessment and Recommendations

This paper assesses the case for promoting financial education in Asia. It argues that the benefits of investing in financial education can be substantial. Data are limited, but indicate low financial...

by | On 29 Jun 2015

The Sunday Edit: The House that Constitution Built

The right to acquire/rent property anywhere in the nation is a fantasy fostered by the Constitution and the rhetoric of modernisation and urbanisation.

by Pramod K. Nayar | On 28 Jun 2015

Improving Children’s Lives, Transforming the Future – 25 years of Child Rights in South Asia

Despite rapid economic growth in South Asia, strong inequalities persist and children pay a heavy price. This publication examines latest trends and data on children in the eight countries of the regi...

by United Nations Children's Fund UNICEF | On 24 Jun 2015

Progress for Children beyond Averages: Learning from the MDGS

A child’s chance to survive and thrive is much greater in 2015 than it was when the global community committed to the MDGs in 2000. Data show significant progress in areas such as child survival, nutr...

by United Nations Children's Fund UNICEF | On 24 Jun 2015

Out-Of-Pocket (OOP) Financial Risk Protection: The Role of Health Insurance

Though health has been considered a fundamental human right since the Alma Ata Declaration in 1978, still a significant proportion of world population don’t get access to basic healthcare simply due t...

by S Madheswaran | On 22 Jun 2015

A Multi-dimensional Approach to Management of Port Life Cycle: The Case of Major Ports in India

This paper aims at understanding the different dimensions of life cycle of a seaport enabling the port-planners to decide on their strategies. There are different stages in the life cycle of an orga...

by Deepankar Sinha | On 19 Jun 2015

Islamic Republic of Afghanistan 1390 National Budget Statement Draft

The national budget is the primary tool for implementing the priorities and policies of the government as a whole. The 1390 budget maintains the Government’s major budgetary objective of allocating fi...

by Ministry of Finance Afghanistan | On 15 Jun 2015

Budget FY11: Report on the Implementation Status, Income and Expenditure Trend and Macroeconomic Analysis (up to December 2010)

Budget FY11 contains Speech of the Bangladesh Finance Minister on the implementation status and macroeconomic analysis up to second quarter (July-December).

by | On 12 Jun 2015

Policy Note 2014–2015 on Housing and Urban Development Department of Tamil Nadu Government

The Department of Housing and Urban Development works with dedication to implement the schemes prescribed in "Vision 2023", provide developed infrastructure, create self-sufficient urban life, encour...

by Tamil Nadu Government | On 10 Jun 2015

Inter-State Disparities in Economic Growth in India: Some Policy Implications for Laggard States

Faster economic growth of some of the backward states like Bihar, Uttarakhand and Chhattisgarh in the post 2004-05 compels us to think if it is any indicative of convergence among states of India. How...

by Anjali Masarguppi | On 10 Jun 2015

When the Kerala Model of Development is Historicised: A Chronological Perspective

It is proposed in this study that the development experience in Kerala has resulted ultimately in weakening the material basis of public action. On limited evidence it is pointed out that the poor in...

by P.K.Michael Tharakan | On 10 Jun 2015

Socio-Economic and Ecological Benefits of Mangrove Plantation

In this study an earnest attempt has been made to understand the social and environmental aspects of mangroves in Gujarat state. The study has considered various issues of social, environment and econ...

by | On 08 Jun 2015

Gender Wage Gap in the Last Ten Years: A Case Study of India

This paper examines changes in the gender wage gap in India between the years 1999-2000 and 2009-2010, and analyses its determinants. Results of the Oaxaca-Blinder decomposition reveal that in the las...

by Nayni Gupta | On 05 Jun 2015

Can Better Houses Help Tackle Indoor Air Pollution - A Case Study of Sri Lankan Tea Pluckers

Indoor Air Pollution (IAP) is a major health hazard in many developing countries. The health impact of this type of pollution is obviously influenced by various facets of house design, such as room si...

by Ajantha Kalyanaratne | On 04 Jun 2015

Land Markets, Government Interventions, and Housing Affordability

Urban population growth and economic growth require cities to expand into the agricultural land on their periphery. How much land is required for this extension? How much planning and direct intervent...

by Alain Bertaud | On 01 Jun 2015

Report of the Working Group on Social Security for Twelfth Five Year Plan (2012-17)

The Working Group, in its meeting held to discuss the terms of reference to review the existing social security measures for organized workers. It is a basic human right, and its fulfillment will con...

by Ministry of Labour and Employment MoL&E | On 22 May 2015

State of Indian Farmers: A Report

The present study is based on primary survey across 18 states of India by the Centre for the Study of Developing Societies (CSDS), Delhi conducted between December 2013 and January 2014. The survey wa...

by | On 18 May 2015

India Development Update : Towards a Higher Growth Path

The India Development Update for April 2015 has two main aims. First, it reports on the key developments over the past six months in India's economy, and places these in a longer term and global conte...

by World Trade Organisation | On 18 May 2015

Growth of Indian Agriculture: A District Level Study

The purpose of the study is to extend the period of analysis of the impact of new seed fertiliser technology from 1990-93 to 2003-06. A special significance to economic reforms in India in 1991 is giv...

by Gurmail Singh | On 12 May 2015

India Human Development Report 2011: Towards Social Inclusion

This Report examines: human development index and profile for India and its states; economic attainment of the population, especially in terms of the two major sources of income-employment and assets;...

by | On 27 Apr 2015

Infrastructure Gap in South Asia: Infrastructure Needs, Prioritization, and Financing

If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infr...

by World Bank | On 27 Apr 2015

Situation Analysis of Children and Women in Pakistan

This Situation Analysis shows that females in Pakistan face discrimination, exploitation and abuse at many levels, starting with girls who are prevented from exercising their basic right to education,...

by United Nations Children's Fund UNICEF | On 01 Apr 2015

Asian Development Outlook 2015 Financing Asia’s Future Growth

According to the Asian Development Outlook 2015, India is forecast to overtake China in terms of economic growth as the initial phase of government efforts to remove structural bottlenecks is lifting...

by Asian Development Bank Institute | On 01 Apr 2015

Two Decades of Indian Microfinance: Trajectory and Transformation

This paper critically reviews the major trends in the trajectory of evolution of Indian microfinance since the early 1990s. The debates on Indian microfinance reflect the myriad imaginations and perc...

by | On 31 Mar 2015

The Impossible Trinity: Where does India stand?

A comprehensive overview of a few empirical studies is presented that have explored the issue of Trilemma in the Indian context. Based on these studies an analysis is done on how have Indian policy ma...

by Satish Y Deodhar | On 30 Mar 2015

Financial Inclusion, Poverty, and Income Inequality in Developing Asia

Understanding the link between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement programs that will broaden access to financial serv...

by | On 27 Mar 2015

Capital for House-Based Industries: A Case Study in West Bengal

The lack of access to formal credit at affordable cost (effective interest) is the most critical constraint faced by the rural entrepreneurs to get involved in productive profitable business activit...

by Shrabani Mukherjee | On 27 Mar 2015

Banker-Borrower Interplay: Synergies and Challenges

A determining aspect of the banker-borrower relationship is built on trust and understanding. It is also important that these relationships neither get too cosy nor do they get too strained as either...

by S.S. Mundra | On 27 Mar 2015

Women’s Autonomy and Experience of Physical Violence Within Marriage in Rural India: Evidence From a Prospective Study

Evidence regarding the relationship between married women’s autonomy and risk of marital violence remains mixed. Moreover, studies examining the contribution of specific aspects of women’s autonomy in...

by | On 26 Mar 2015

Assam Child Budget 2014-15

The State budget had focused the receipt and expenditure under the Consolidated Fund of the Government with dissemination of allocation under different development sectors. The fund flow towards child...

by | On 24 Mar 2015

Developing the Financial Sector and Expanding Market Instruments to Support a Post-2015 Development Agenda in Asia and the Pacific

The study discusses complementary initiatives in terms of legal and regulatory reforms necessary to sustainably support market-oriented financing options. Given market orientation, the paper is comple...

by | On 24 Mar 2015

IMI-Konnect, Volume 4, Issue 3

The March 2015 issue of IMI Konnect contains the following articles - “Perceptions on Financial Inclusion”, by Basabi Bhattacharya; “Does Innovation Lie in the Eyes of the Beholder?”, by Devjani Chatt...

by IMI Konnect | On 23 Mar 2015

India and the MDGs: Towards a Sustainable Future for All

India has made notable progress in achieving poverty reduction and other Millennium Development Goals (MDGs) since their adoption at the turn of the century but this progress has been uneven and milli...

by United Nations Economic and Social Commission (UNESCAP) | On 19 Mar 2015

Bhutan: Making Progress on the Path to Prosperity

his country brief highlights how ADB operations have helped support Bhutan’s efforts in advancing socioeconomic development. Since Bhutan became a member in 1982, ADB has provided $486.29 million i...

by Asian Development Bank Institute | On 17 Mar 2015

Make in India: Re-chanting the Mantra with a Difference

The paper attempts to trace the origin and idea of Make in India through time and identifies what needs to be done to turn the Make in India mantra into a reality. Free market is the engine of growth...

by Satish Y Deodhar | On 13 Mar 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 12 Mar 2015

Global Imbalances and Bretton Woods II Postulate

The paper intends to revisit this argument, particularly in the light of the change in deficits and surpluses in the world economy. The paper tries to trace the genesis of BWII to the debates which or...

by Krishnakumar S | On 10 Mar 2015

Women in Indian Labour Market - Emerging Options

Expanding women’s access to the labour market and enhancing their employability, apart from all its other impact, contributes to the GDP substantially. It is important to generate creative partnership...

by G.D Bino Paul | On 10 Mar 2015

Investing to Overcome the Global Impact of Neglected Tropical Diseases

This report repositions a group of 17 neglected tropical diseases on the global development agenda at a time of profound transitions in the economies of endemic countries and in thinking about the ove...

by World Health Organisation (WHO) | On 09 Mar 2015

Of Bold Strokes and Fine Prints - An Analysis of Union Budget 2015-16

This publication highlights a range of pertinent issues primarily focusing on social sectors (such as education, health, drinking water and sanitation, food security etc.) and the responsiveness of th...

by Centre for Budget and Governance Accountability | On 02 Mar 2015

Report of the High Powered Expert Committee on Making Mumbai an International Financial Centre (Percy Mistry Report)

In the recent decade, India has made significant strides in the financial sector. Some of the important developments are strengthening of banks, de-regulation of interest rates and sector competition...

by Ministry of Finance | On 19 Feb 2015

Policy Framework for Finance SEZs

India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as wel...

by Ministry of Finance | On 19 Feb 2015

Financial Inclusion: Need for Differentiation between Access and Use

With no financial capacity to save and invest, a dismal record of use of bank accounts and the severe lack of trust in the current model of using business correspondents, it is extremely difficult to...

by | On 16 Feb 2015

Asymmetric Price Adjustment - Evidence for India

The study tries to examine whether there exists asymmetry in the price adjustment of firms while using the commodity wise whole sale price indices belonging to three different sectors - primary, manuf...

by Sartaj Rather | On 12 Feb 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade

The report reviews existing agricultural marketing system. It deals with improving efficiency and reducing transaction cost in Agricultural Marketing by strengthening the physical markets, encouraging...

by Planning Commission | On 11 Feb 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 09 Feb 2015

Enhancing Water-Use Efficiency of Thermal Power Plants in India: Need for Mandatory Water Audits

In view of the very high share of water consumption in thermal power plants, this policy brief highlights the water-use scenario in this sector and emphasizes the need for third party/mandatory and re...

by R K Batra | On 05 Feb 2015

Parliament’s Role in Financial Oversight

This note presents an analysis of Parliament’s role of financial oversight and examines how to strengthen it. It highlights gaps and solutions to improve the existing structures affecting budgetary an...

by Apoorva Shankar | On 30 Jan 2015

Surge in Solar-Powered Homes: Experience in Off-Grid Rural Bangladesh

The studies broad aim is to access the welfare impact of solar home systems (SHS) on households and to evaluate the present institutional structure and financing mechanisms. Also it accesses the direc...

by Shahidur R. Khandker | On 27 Jan 2015

Special Financial Incentive Schemes for the Girl Child in India: A Review

In order to improve the survival and welfare of girls and to reverse the distorted sex ratio at birth, both the national and state governments have launched special financial incentive schemes for gir...

by T.V Sekher | On 23 Jan 2015

Annual Status of Education Report (Rural) 2014

ASAR report has made a great contribution to the discussions on our primary education policy. On a few parameters, these surveys show that the overall learning levels have deteriorated over the years....

by PRATHAM | On 15 Jan 2015

Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all...

by | On 13 Jan 2015

Changing Norms about Gender Inequality in Education: Evidence from Bangladesh

This paper examines norms about gender equality of the education of children and adults in Bangladesh using a recent household survey for two cohorts of married women. Education norms are found to dif...

by Niels-Hugo Blunch | On 29 Dec 2014

Housing and Labor Productivity of Female Tea Pluckers in Sri Lanka

This study analyzes the link between labor productivity of tea-plantation workers in Sri Lanka and their living conditions. The results indicate a significant negative relationship between Indoor Air...

by Ajantha Kalyanaratne | On 16 Dec 2014

Adoption and Use of Improved Stoves and Biogas Plants in Rural India

Household air pollution remains a dominant health risk, particularly in South Asia. Increasing international attention has focused on improved cookstoves (ICS) as a vehicle for reducing household air...

by Somnath Hazra | On 16 Dec 2014

Efficiency in Healthcare Delivery: Performance of Public Services

This paper focusses on the current health profile of the state of Maharashtra, and its performance as against other growth driven states like Tamil Nadu and Gujarat. Using parameters such as birth rat...

by Manisha Karne | On 21 Nov 2014

Analysis of Criminal and Financial Details of Candidates and MLAs from Jharkhand: Based on 2009 Assembly Elections

Jharkhand Assembly elections 2009 were held in five phases from November 16, 2009 to December 13, 2009. This report includes the analysis of voting trends, criminalization, money power, gender etc in...

by Association for Democratic Reforms ADR | On 05 Nov 2014

A Spatial Integration Analysis of the Regional Fertilizer Markets in the Philippines

Fertilizer, which is an important production input, holds a significant share in total cost of production for some crops. Based on the available fertilizer price data, it can be observed that pr...

by Ivory Myka R. Galang | On 30 Oct 2014

Eclipse: Living in the Shadow of China’s Economic Dominance

In this book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What i...

by Arvind Subramanian | On 20 Oct 2014

Creating Youth Employment in Asia

This paper examines the labour market characteristics for adults and the entire population. Then it analyses challenges and opportunities in labour market for youth. Next, the paper discusses the exis...

by S.Mahendra Dev | On 15 Oct 2014

Role of Financial Sector in Spurring Growth and Expanding Financial Inclusion in North Eastern Region

The present speech analyses the significant role which can be played by the financial sector in spurring growth and expanding financial inclusion in NER. [CII Banking Collagium in Kolkata].

by P. Vijaya Bhaskar | On 13 Oct 2014

Statistics in the Reserve Bank of India

RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].

by Deepak Mohanty | On 30 Sep 2014

Estimating Workers' Bargaining Power and Firms' Markup in India: Implications of Reforms and Labour Regulations

Implications of industrial deregulations, trade liberalisation and labour regulations on workers' bargaining power and firms' markup in Indian manufacturing industries is examined, using state-wise th...

by Rupayan Pal | On 29 Sep 2014

Worker’s Rights and Practices in the Contemporary Scenario: An Overview

This book offers a careful summary of the rights and practices of work in the Indian labour market. In specific, it deals with rights deficiency of workers in different sectors especially on agricultu...

by V.V. Giri Labour Institute | On 19 Sep 2014

Cutting Through the Haze: Will Singapore’s New Legislation Be Effective?

Singapore has passed legislation to hold actors accountable for fires causing transboundary haze. This demonstrates a new level of proactivity from a haze-affected state, and reveals both Singaporean...

by Jackson Ewing | On 18 Sep 2014

Background Paper on Issues related to Land Economics - Urbanisation, Development and Housing Requirements in the National Capital Region (NCR)

The mechanism adopted to keep the rise in property prices under check until 2000 was the active participation of the public sector in keeping supply ahead of demand. This seems to have worked well in...

by Jatinder S. Bedi | On 08 Sep 2014

Agricultural Outlook and Situational Analysis Report - January - March 2014

Accordingly, the agricultural outlook and situation analysis undertaken in this study refers to the main crop based food items: cereals (specifically rice, wheat, jowar, bajra, maize and overall coars...

by National Council of Applied Economic Research | On 08 Sep 2014

Child Well-Being in Rich Countries A Comparative Overview

The league table opposite presents the latest available overview of child well-being in 29 of the world’s most advanced economies. Five dimensions of children’s lives have been considered: material we...

by United Nations Children's Fund UNICEF | On 22 Aug 2014

Real Estate and Hosing-A Sensitive Sector or Samvriddhi Sector ?

The speech shows the investment government has done for the housing and real estate sector. There are recommendations on how the sector can be improved.

by R. Gandhi | On 22 Aug 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

Finance and Opportunity in India

One of the greatest dangers to the growth of developing countries is the middle income trap, where crony capitalism creates oligarchies that slow down growth. If the debate during the elections is any...

by Raghuram G. Rajan | On 13 Aug 2014

Integrated Health and Microfinance in India, Volume II: The Way Forward

Integrated Health and Microfinance in India: The Way Forward is a follow-up report that highlights the context of integration of health and microfinance in light of India’s journey towards universal h...

by Somen Saha | On 11 Aug 2014

Letting Girls Learn: Promising Approaches in Primary and Secondary Education

This paper analyses the benefits from female education (who gains and in what ways) and the constraints (direct and opportunity costs, reflecting economics and tradition). It then outlines promising a...

by Barbara Herz | On 01 Aug 2014

Position Paper: National Focus Group on Teaching Science

The objectives, content, pedagogy and assessment of science education at various stages are examined.

by National Council of Educational Research &Training NCERT | On 25 Jul 2014

Expert Opinions on the Budget 2014: Analyzing for Rural India

A group of economists presented their views on what the Union Budget 2014-15 offered for India's agricultural sector and farmers, during a conference entitled Analyzing the Budget 2014 for Rural India...

by Shambhu Ghatak | On 23 Jul 2014

Union Budget 2014 - Education, Employment and Skill Building

According to Census estimates, more than half the population of the country, 51.8 per cent, to be precise, is less than 35 years of age, while the population in the critical demography category of 18-...

by Nandini Bhattacharya | On 16 Jul 2014

Student Learning in South Asia: Challenges, Opportunities, and Policy Priorities

This report covers education from primary through upper secondary school. Given its importance for school readiness, this report also reviews early childhood development even though that is outside...

by Halil Dundar | On 11 Jul 2014

In-service Teacher Training for Public Primary Schools in Rural India

The paper represents an amalgamation of different viewpoints of teachers, cluster resource co-ordinators, resource persons, and staff members from district and state level offices of SSA, DIET, Depart...

by Huma Kidwai | On 07 Jul 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Gujarat Gender Budget Statement 2014-15

As per census 2011, there are 289.48 lakh women and girls in the state of Gujarat, comprising 47.90 per cent of total population. “Gender Budget 2014-15” shows financial allocations for women in vario...

by Ministry of Finance Government of Gujarat | On 03 Jul 2014

Child labour in India

To study the various definitions of a child as highlighted under the Constitution as well as under various other legislations and compare the various objectives which led to the differential criteria...

by Mubashshir Sarshar | On 09 Jun 2014

Economics, Education and Unlearning

In collaboration with several respected economists in the UK, this report identifies the issues with economics education today. It is a detailed, evidence-based argument outlining the shortcomings of...

by Post Crash Economic Society | On 30 May 2014

World Atlas of Gender Equality in Education

Gender equality is one of the six goals of the global Education for All campaign that UNESCO leads. This was launched in 2000, when the countries of the world agreed to “eliminate gender disparities i...

by Edward B. Fiske | On 12 May 2014

Achieving Urban Food and Nutrition Security in the Developing World

Growth in urban poverty, food insecurity, and malnutrition and a shift in their concentration from rural to urban areas will acompany urbanisation. This is a series of briefs covering various aspects...

by James L. Garrett | On 02 May 2014

Micro, Small, and Medium Enterprise Finance: Improving Access to Finance for Women-owned Businesses in India

This report aims to assess the gap in demand and supply of finance, highlight the opportunity in serving women entrepreneurs, and catalogue initiatives taken by financial institutions in access to f...

by International Finance Corporation | On 13 Mar 2014

Railway Budget 2014-15

Speech of Shri Mallikarjun Kharge introducing the Railway Budget 2014-15.

by Mallikarjun Kharge | On 14 Feb 2014

Asian Development Bank Sustainability Report

The Asian Development Bank (ADB) Sustainability Report has been issued every 2 years since 2007. The current Sustainability Report contains selected performance highlights of ADB’s operations and corp...

by Asian Development Bank Institute | On 20 Jan 2014

How to Evaluate Rural Development Schemes

In 2000-01, almost Rs 10,000 crore was spent on rural development schemes. The central government has almost a dozen major schemes in operation. But how is the success or failure of these schemes to b...

by Arpita Bedekar | On 31 Dec 2013

A Cost-Benefit Analysis of Aadhaar

This study estimates the costs and benefi ts of Aadhaar. The analysis takes into account the costs of developing and main- taining Aadhaar, and of integrating Aadhaar with the schemes over the next t...

by National Institute of Public Finance and Policy NIPFP | On 11 Dec 2013

Child Work and Schooling in Rural North India: What do Time Use Data Say about Tradeoffs and Drivers of Human Capital Investment?

This study examines time use data for 1244 children in the age-group 6-12 years in 274 villages in eight states in rural north India to understand the tradeoffs between time spent in school, time sp...

by Sudha Narayanan | On 02 Dec 2013

Left-Behind Children and Return Decisions of Rural Migrants in China

This paper examines how left-behind children influence return migration in China. A simple illustrative model based on Dustmann (2003) is presented that incorporates economic and non-economic motive...

by Sylvie Démurger | On 13 Nov 2013

In Search of Inclusion: Informal Sector Participation in a Voluntary, Defined Contribution Pension System

This paper examines who contributes and who persists in contributing in a national, voluntary, defined contributory pension program, where the government provides the incentive of matching contributi...

by Renuka Sane | On 28 Oct 2013

Remittance Needs and Opportunities in India

This report synthesises a national study on domestic migration and remittance flows, four migration corridor studies, and an analysis of the Indian payment system with respect to small money transfe...

by Y S P Thorat | On 22 Oct 2013

Medical Tourism in the Philippines: Market Profile, Benchmarking Exercise, and S.W.O.T. Analysis

This report reviews the medical tourism industry in the Philippines. It discusses the global market for medical tourism, analyzes the demand and supply aspects of the local industry, and identifies...

by Oscar F Picazo | On 22 Oct 2013

Financial Literacy among Working Young in Urban India

The paper reports investigation of a study on the influence of various socio-demographic factors on different dimensions of financial literacy among the working young in urban India. While the influe...

by Sobhesh Kumar Agarwalla | On 14 Oct 2013

Model State Affordable Housing Policy for Urban Areas

The aim of this policy is to create an enabling environment for providing “affordable housing for all” with special emphasis on EWS and LIG and other vulnerable sections of society such as Scheduled c...

by Ministry of Housing and Urban Poverty Alleviation MOHUPA | On 09 Oct 2013

Envisioned Scope and Challenges of National Food Security Bill

National Food Security Bill (NFSB) aims to make food easily accessible at affordable prices to people. But there are operational and financial difficulties in implementing this.

by Sweety Thomas | On 07 Oct 2013

A Study on Fiscal Space

In the study states’ finances is analysed to see whether all states have been able to create a fiscal space and whether their fiscal capacities have increased over time. Then the states’ spending is l...

by Kim Robin | On 23 Sep 2013

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

Do Open Sewers Lead to a Reduction in Housing Prices? Evidence from Rawalpindi, Pakistan

The Hedonic property value method is used to estimate how a dismenity, bad odor from an open sewer system, affects housing prices in the city of Rawalpindi in Pakistan. An estimate of the benefits of...

by Mohammad Irfan | On 05 Sep 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

The Youth Employment Crisis: A Call for Action

Resolution and conclusions of the 101st Session of the International Labour Conference, Geneva, 2012. [ILO].

by International Labour Organisation ILO | On 16 Aug 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

Fuel price hikes have always been unpopular in Indonesia, largely because of their wide-ranging impact on the population. Yet, it is undeniable that the current high subsidies are unsustainable. To mo...

by Margareth Sembiring | On 26 Jul 2013

Breaking New Ground: Enacting a National Land Use Policy

With only a total land area of 30 million hectares and a population of 92.3 million growing at an average rate of 2.12 percent, how should the Philippines allocate a very scarce and important resource...

by Senate Economic Planning Office SEPO | On 24 Jul 2013

Why Is Mobility in India So Low? Social Insurance, Inequality, and Growth

This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existenc...

by Kaivan Munshi | On 22 Jul 2013

Mapping Budget Processes in the Public Health Sector in Maharashtra

This study looked at budget processes related to health in two districts of Maharashtra and found that there was a significant variation in the way budget estimation was practiced at the level of Prim...

by Prashant Raymus | On 17 Jul 2013

The Health Effects of Motorization

The decisions taken by countries will determine the levels of physical activity, vehicular emissions, and crash risks, and thus influence Non-Commucable Diseases (NCD) and injury rates for future gene...

by Kavi Bhalla | On 12 Jul 2013

Quantification of Yield Gaps in Different Planting Types of Sugarcane in Maharashtra

This paper is an attempt to estimate the magnitudes of yield gaps, causative factors and constrains for attending greater farm potential in adsali, suru, preseasonal and ratoon sugarcane production in...

by Deokae Tai Balasaheb | On 10 Jul 2013

Agrarian Distress and Rural Livelihoods: A Study in Upputhara Panchayat, Idukki District, Kerala

This study examines the impact of agrarian distress on the different socio-economic groups, the strategies of livelihood adopted by households and the local institution in shaping these strategies. Th...

by K.N. Nair | On 28 Jun 2013

National Urban Health Mission

The Union Cabinet gave its approval to launch a National Urban Health Mission (NUHM) as a new sub-mission under the over-arching National Health Mission (NHM).

by Anonymous | On 27 May 2013

Revisiting the Growth-Inflation Nexus: A Wavelet Analysis

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...

by Saumitra N Bhaduri | On 23 May 2013

Budget Analysis: Kerala Budget 2013-14

The Minister of Finance, K.M Mani , presented the General Budget 2013 to the State Assembly on March 15, 2013. In his address, he commented on the fiscal performance of the State in 2012-13 and laid...

by Vishnu Padmanabhan | On 09 Apr 2013

Kerala Budget Speech 2013-14

Finance Minister Shri. K. M. Mani has presented the State Budget for the coming financial year 2013-14 in the Kerala Legislative Assembly on 15 March 2013. This is the eleventh budget by the minister...

by K.M. Mani | On 15 Mar 2013

Indian Banking Sector: Pushing the Boundaries

Asset quality of banks has come under increasing pressure with rising NPAs and Restructured loans. The Gross NPA ratio for the banking system, which was 2.4% in March 2011, increased to 3.6 per cent b...

by Chakrabarty K C | On 07 Mar 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Odisha Budget 2013-14: Part II General

Budget speech presented by Prasanna Acharya. General Budget is presented.

by Government of Orissa | On 25 Feb 2013

Address by the President of India, Shri Pranab Mukherjee to Parliament

Reviving economic growth is the priority of the government. [http://presidentofindia.nic.in/sp210213.html].

by Pranab Mukherjee | On 22 Feb 2013

Identification for Development: The Biometrics Revolution

This paper surveys 160 cases where biometric identification has been used for economic, political, and social purposes in developing countries. About half of these cases have been supported by donors...

by Alan Gelb | On 15 Feb 2013

BMC Budget Speech-Education, 2013-14

estimates of receipts and expenditure for the financial year 2013-14 with respect to the primary education. [BMC]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%...

by Municipal Commissioner BMC | On 11 Feb 2013

Domestic Violence Prevention Bill, 2012, Bhutan

Recognizing that the domestic violence is a serious social evil; that there is incidence of domestic violence within Bhutanese Society; that victims of domestic violence are the most vulnerable membe...

by National Assembly of Bhutan | On 11 Feb 2013

Firewood Collections and Economic Growth in Rural Nepal 1995-2010: Evidence from a Household Panel

A longitudinal household survey from World Bank Living Standards Measurement Survey (LSMS) was used for the study. A relatively small (but representative) sample of households residing in the mountain...

by Jean-Marie Baland | On 28 Jan 2013

The Gender Differences in School Enrolment and Returns to Education in Pakistan

In this study attempt has been made to link the gender differences in parental resource allocation in demand for education at primary, secondary and tertiary level of education to gender differences i...

by Madeeha Gohar Qureshi | On 24 Jan 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

Building a Knowledge Base on Population Ageing in India: Report on the Status of Elderly in Select States of India, 2011

To understand the ageing in India, a primary survey was carried out in seven states – Himachal Pradesh, Kerala, Maharashtra, Odisha, Punjab, Tamil Nadu and West Bengal – having a higher percentage of...

by United Nations Population Fund UNFPA | On 08 Jan 2013

How to Tackle Food Insecurity in Asia

Review of the book Food Security in Asia, by Amitava Mukherjee Sage Publications India 2011 pp. xix+392, Rs 895/-.

by Rudra Narayan Mishra | On 04 Jan 2013

Kerala-The Land of Development Paradoxes

An attempt has been made to understand the paradoxes of Kerala's development like the state's per capita consumer expenditure is more than the per capita state domestic product. But the nutritional i...

by K.K. George | On 18 Dec 2012

Public Expenditure Benefit Incidence on Health: Selective Evidence from India

This paper attempts to analyse the benefit incidence of health spending in the context of India. Benefit incidence analysis (hereafter BIA) is used here. This is a methodology that addresses this ques...

by Lekha Chakraborty | On 17 Dec 2012

An Assessment of Livelihood and Educational Status of Sanitation Workers in Ahmedabad, Gujarat

This study was conducted in 25 neighborhoods and 5 zones of the Ahmedabad Municipal Corporation (AMC). A total of 50 sanitation workers were interviewed and through them the condition of their famil...

by Ashish Mishra | On 05 Dec 2012

It’s a Boy! Women and Non-Monetary Benefits from a Son in India

Son preference is widespread in a number of developing countries. Anecdotal evidence suggests that women may contribute to the persistence of this phenomenon because they derive substantial long-run...

by Laura Zimmermann | On 19 Nov 2012

Examining the Effect of Household Wealth and Migration Status on Safe Delivery Care in Urban India, 1992–2006

Although the urban health issue has been of long-standing interest to public health researchers, majority of the studies have looked upon the urban poor and migrants as distinct subgroups. Another co...

by Prashant Kumar Singh | On 24 Sep 2012

Property Rights and Intra-Household Bargaining

This paper examines whether an individual-level transfer of property rights increases the individual's bargaining power within the household. The question is analyzed in the context of a housing ref...

by Shing-Yi Wang | On 18 Sep 2012

Trends in Total Factor Productivity in Indian Agriculture: State-level Evidence using non-parametric Sequential Malmquist Index

Recognizing the critical role of agricultural sector in the overall growth as well as development performance, this study estimates total factor productivity (TFP) in Indian agriculture at state-level...

by Shilpa Chaudhary | On 13 Sep 2012

Financial Stability Report Issue No. 5

The report reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on potential risks to financial stability. [RBI]. URL:[http://rbidocs.rbi....

by Reserve Bank of India RBI | On 04 Sep 2012

Recent Developments in Kerala State Finances

This paper covers recent trends in a series of broad indicators of the financial health of the Government of Kerala with its developmental policy as the backdrop. It examines fiscal balances in Kerala...

by Tapas K. Sen | On 30 Aug 2012

Revisiting the Devolution of ENR Functions

The devolution of environment and natural resource functions to local government units was a bold move in the history of environmental Management in the Philippines. However, the implementation of the...

by Senate Economic Planning Office SEPO | On 28 Aug 2012

Japan’s Post-Triple-Disaster Growth Strategy

This paper discusses the scope of the many challenges and sets out a long-term strategy for overcoming them and putting the Japanese economy on a stable growth path. [Working Paper No. 376]. URL:[http...

by Masahiro Kawai | On 24 Aug 2012

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of (Mobile Financial Services) MFS in Bangladesh up through the first quarter of 2012. A series of short s...

by Bangladesh Bank BB | On 23 Aug 2012

Capital Market Bank Funding: (Not such a) Brave New World …

What degree the financial crisis and the resulting developments have impacted and will impact long-term, capital market bank funding. [DB research] URL:[http://www.dbresearch.com/PROD/DBR_INTERNET_EN-...

by Meta Zähres | On 23 Aug 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

Averting an Impending Storm: Can We Reengineer Health Systems to Meet the Needs of Aging Populations?

The proportion of elderly in the world population is increasing. Health systems across the globe are ill prepared to meet the needs of aging populations. The needs of the elderly are different from t...

by Arlene S Bierman | On 08 Aug 2012

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

National Strategy for Financial Education

India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system, it is all the more necessary to...

by Pranab Mukherjee | On 20 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

India’s 2012 UPR Examination: No Commitment on Enhancing Human Rights but a Mountain to Climb

On 24th May 2012, the United Nations Human Right Council reviewed India’s human rights record during the 13th session of the Universal Periodic Review (UPR) in Geneva, Switzerland. This was India’s...

by Asian Centre for Human Rights ACHR | On 12 Jul 2012

Domestic Violence Prevention Bill 2012: Bhutan

This Act ensures a prompt and just legal remedy for the victims of domestic violence; facilitate access to remedies for immediate and effective assistance, shelter homes and protection to the victims...

by National Assembly of Bhutan | On 11 Jul 2012

Does Access to Secondary Education Affect Primary Schooling? Evidence from India

This paper investigates if better access to secondary education increases enrolment in primary schools among children in the 6–10 age group. A household-level longitudinal survey is also done coveri...

by Abhiroop Mukhopadhyay | On 10 Jul 2012

Engaging Small and Medium Enterprises in Production Networks: Firm-level Analysis of Five ASEAN Economies

The Association of Southeast Asian Nations (ASEAN) small and medium enterprises (SMEs) are under scrutiny for their engagement in production networks following recent emphasis on increasing intra-reg...

by Ganeshan Wignaraja | On 06 Jul 2012

Cultural Proximity and Loan Outcomes

Evidence is presented to show that shared codes, religious beliefs, ethnicity - cultural proximity - between lenders and borrowers improves the efficiency of credit allocation. In-group preferential t...

by Raymond Fisman | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

Growth of Asian Pension Assets: Implications for Financial and Capital Markets

Pension assets have seen rapid growth world-wide over the past decades, although they suffered large losses during the global financial crisis of 2007–2008. Such growth is notably due to both structur...

by Yuwei Hu | On 02 Jul 2012

Income Related Inequality in Financial Inclusion and Role of Banks: Evidence on Financial Exclusion in India

This paper analyzes income related inequality in financial inclusion in India using a representative household level survey data, linked to State-level factors. This paper also provides estimates of...

by Rama Pal | On 27 Jun 2012

Inclusive National Accounts: Introduction

An outline of what would be ideally needed for a comprehensive set of national accounts is given. National governments and international agencies ought ideally to go even beyond green national accoun...

by Partha Dasgupta | On 22 Jun 2012

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

Asset Price Bubble and Banks: The Case of Japan

This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend...

by Hossain Monzur | On 29 May 2012

Climate Change Vulnerability of Mountain Ecosystems in the Eastern Himalayas

The ecosystem of the Eastern Himalayas are vulnerable to climate change as a result of their ecological fragility and economic marginality. The conservation policies at national and regional levels ar...

by Karma Tse-ring | On 28 May 2012

The Impact of 1998 and 2008 Financial Crises on Profitability of Islamic Banks

The paper investigates the profitability of 78 Islamic banks in 25 countries for the period of 1992-2009. The Fixed Effect Model (FEM) used to analyse profitability shows that profit efficiency is pos...

by NOR HAYATI BT AHMAD | On 24 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

Dispute Settlement in the WTO, Developing Countries and India

The paper undertakes an examination of the experience of developing countries with dispute settlement vis-à-vis developed countries during the 17 years since the entry into force of the WTO Agreement....

by Anwarul Hoda | On 08 May 2012

The Demographic Dividend: Effects of Population Change on School Education in Pakistan

This study examines how the changing demographics in Pakistan, resulting primarily from fertility transition, would affect educational attainment of school-age population during the next two decades...

by Naushin Mahmood | On 23 Apr 2012

Labour Migration and Remittances in Uttarakhand

The type, volume, and mode of transfer of remittances in Uttarakhand is analysed. The impact of remittances, in terms of both financial flows and transfer of new skills and the perceptions in relat...

by Anmol Jain | On 18 Apr 2012

West Bengal Budget Speech: 2012-13

Speech by Amit Mitra, Minister of Finance. [Government of West Bengal]. URL:[http://www.wbfin.nic.in/writereaddata/Budget_Speech/2012_English.pdf].

by West Bengal Government | On 13 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

Do Changes in Distance-to-default Anticipate Changes in the Credit Rating?

Distance-to-default (DtD) from the Merton model has been used in the credit risk literature, most successfully as an input into reduced form models for forecasting default. [WP-2012-010]. URL:[http:...

by Nidhi Aggarwal | On 10 Apr 2012

India’s Call on BRICS : Aligning with China without a Deal

China–India association in the BRICS bloc of countries is an example of multilateralism at its height. For China, the BRICS group holds a strategic significance as it is targeted towards the Western...

by Jagannath P Panda | On 04 Apr 2012

Patterns of Labour Market Insecurity in Rural India: A Multidimensional and Multivariate Analysis

Labour market insecurity, recognised as pervasive in rural India, is multi-faceted. This study attempts to fill a gap in the research on key dimensions of labour market insecurity by using the Natio...

by Padmini Desikachar | On 02 Apr 2012

Highlights of the Budget for FY2012: Japan

1) Allocating budget to the measure for the real revitalization of Japan to recover Japan’s economy and society 2) Reviewing the existing budget based on the result of evaluation by the Policy Propos...

by Ministry of Finance, Japan MOF, Japan | On 28 Mar 2012

Budget Speech 2012-13: Goa

Budget speech by Ministry of Finance, Goa. [Budget Speech]. URL:[http://www.goa.gov.in/pdf/Speech12-13.pdf].

by Goa Government | On 28 Mar 2012

Odisha Budget Speech 2012-13

Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].

by Government of Orissa | On 27 Mar 2012

Tamil Nadu Budget Speech: 2012-13

Speech of Thiru O. Panneerselvam, Hon’ble Minister for Finance, Government of Tamil Nadu, presenting the Budget for the year 2012-2013 to the Legislative Assembly on 26th March, 2012. [Government...

by Tamil Nadu Government | On 27 Mar 2012

The Marriage Laws (Amendment) Bill, 2010

A bill further to amend the Hindu Marriage Act, 1955 and the Special Marriage Act, 1954. [PRS]. URL:[http://www.prsindia.org/uploads/media/Marriage%20Laws/Marriage%20Laws%20Bill%202010.pdf].

by Parliamentary Research Service PRS | On 26 Mar 2012

National Budget of Bhutan-2011-12

Budget speech by the Finance Minister of Bhutan. [Budget Speech]. URL:[http://www.mof.gov.bt/downloads/Budgetreport2012.pdf].

by Minister of Finance Bhutan | On 22 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Ethics of Public Health Interventions: A View from the Frontline

Rural people are deprived even of the basic facilities of medical care. Is this ethical? [6th K R Memorial lecture].

by Yogesh Jain | On 16 Mar 2012

Sarva Shiksha Abhiyan, GOI 2012-13

This brief uses Government reported data to analyse Sarva Shiksha Ahiyan performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Accountability Initiative | On 16 Mar 2012

Report of the Expert Group for Modernizaion of Indian Railways

There is in urgent need for modernization and generational Change need to be done in the Indian railways to assure safety, improve productivity, take advantage of advanced technology, respond to ever...

by Ministry of Railways | On 14 Mar 2012

Towards Building A Happy, Prosperous and Caring Bangladesh: Budget Speech 2011-12

Budget speech 2011-12 by Finance minister. URL:[http://www.mof.gov.bd/en/budget/11_12/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 14 Mar 2012

Parents’ Economic Support of Young-Adult Children: Do Socioeconomic Circumstances Matter?

This paper assesses how the economic support provided by parents to young adults as they complete their education and enter the labor market is related to the family’s socioeconomic circumstances. W...

by Deborah Cobb clark | On 07 Mar 2012

On the Road: Access to Transportation Infrastructure and Economic Growth in China

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous pl...

by Abhijit Banerjee | On 02 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

Subsidizing the National Food Authority: Is It a Good Policy?

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to ...

by Senate Economic Planning Office SEPO | On 28 Feb 2012

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 Feb 2012

Regional and Global Monetary Cooperation

The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation...

by Mario Lamberte | On 21 Feb 2012

Foundations of Collective Action in Asia: Theory and Practice of Regional Cooperation

This paper argues that the collective action in Asia by its regional organizations has historically suffered from a “capability–legitimacy gap”: a disjuncture between the capability (in terms of mat...

by Amitav Acharya | On 17 Feb 2012

Are Saving and Investment Cointegrated? A Cross Country Analysis

Saving is an important part of the economic process that gives rise to investment and economic growth. In this paper an attempt is made to explore the relationship between saving and investment in t...

by Sanjib Bordoloi | On 14 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

This study is an attempt to assess the importance and potential impact of any further development of the credit cooperative sector; identify development interventions that will result in a strong Fil...

by Gilberto M Llanto | On 13 Feb 2012

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First, using macro data, it is shown that banking spreads are countercyclical, even it i...

by M. Ali Choudhary | On 08 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

Shaking Embedded Gender Roles and Relations: An Impact Assessment of Gender Quality Action Learning Programme

The Gender Quality Action Learning programme initiated a village level intervention in 2007 in 10 districts to increase knowledge, change perception, attitudes, and practice/behaviour of the villagers...

by Md. Abdul Alim | On 03 Feb 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

Inflation in Nepal

A large number of studies in Nepal have been conducted to identify the factors responsible for inflation based on the different theories of inflation. Although these studies provide insight into the...

by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012

Intentions vs. Implementation of Philippine Economic Reforms Under Aquino, 1986-92

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summar...

by V. Bruce J Tolentino | On 30 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

Myanmar’s Reforms: The Challenges Ahead

The release of many high-profile political prisoners by Myanmar’s government has been applauded by the international community. Many obstacles to reform still exist, but they are not the usual suspect...

by Kyaw San Wai | On 24 Jan 2012

Energy in the Development Strategy of Indian Households-The Missing Half

The present paper explores the nexus between gender-energy-poverty, highlights areas of gender concern, and suggests actions. It is analyzed how women from rural areas and low income households are...

by B. Sudhakara Reddy | On 19 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Contested Relationships: Women’s Economic and Social Empowerment, Insights from the Transfer of Material Assets in Bangladesh

This article examines the relationship between women’s economic and social empowerment in the context of extreme poverty. It is based on the findings of primary fieldwork on the char islands of nort...

by Lucy Scott | On 11 Jan 2012

Peer Effects, Risk Pooling, and Status Seeking: What Explains Gift Spending Escalation in Rural China?

It has been widely documented that the poor spend a significant proportion of their income on gifts even at the expense of basic consumption. We test three competing explanations of this phenomenon—pe...

by Xi Chen | On 10 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

Parental Education as a Criterion for Affirmative Action in Higher Education: A Preliminary Analysis

Affirmative action, especially in the form of reservation policies, to address the issues of inclusion and equity has been in place in India for a long time. Through these policies higher participatio...

by Rakesh Basant | On 09 Jan 2012

Credit and Growth Cycles in India: An Empirical Assessment of the Lead and Lag Behaviour

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across a...

by Krittika Banerjee | On 06 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

The Open Knowledge Foundation: Open Data Means Better Science

This article focuses on the Open Knowledge Definition and the Panton Principles for Open Data in Science. Some of the tools the group has developed to facilitate the generation and use of open dat...

by Jennifer C Molloy | On 03 Jan 2012

Foreign Direct Investment and Economic Growth in Pakistan: A Sectoral Analysis

This paper establishes an empirical relationship between industry -specific foreign direct investment (FDI) and output under the framework of Granger causality and panel cointegration for Pakistan o...

by Muhammad Arshad Khan | On 03 Jan 2012

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

The Judicial Standards and Accountability Bill, 2010

A bill to lay down judicial standards and provide for accountability of judges and establish credible and expedient mechanism for investigating into individual complaints for misbehaviour or incapacit...

by Parliamentary Research Service PRS | On 29 Dec 2011

Contribution of Services Sector in the Economy of Pakistan

The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in...

by Ayaz Ahmed | On 29 Dec 2011

Economic and Financial Developments in Andaman and Nicobar Islands

The Reserve Bank has stepped up its efforts in recent years to enhance the penetration of the formal financial sector and promote financial inclusion with a view to improving the well-being of our soc...

by Deepak Mohanty | On 26 Dec 2011

Realising Decent Work

A commentary on final report of the task force on domestic workers

by G.D Bino Paul | On 26 Dec 2011

Can these Policies Change their Life?

Women who come into the stream of domestic workers are poorly educated and do not know their rights. It is necessary that these women know about their rights. Even after reading the policies some ques...

by Anwesha Sen | On 19 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

High Level Expert Group Report on Universal Health Coverage for India

The recommendations that follow take cognizance of the extraordinary opportunities that India offers – and the possibility for India to take a lead in introducing a well-designed UHC system that i...

by Planning Commission | On 15 Dec 2011

The Effect of Foreign Remittances on Schooling: Evidence from Pakistan

The underlying study intends to show the impact of foreign remittances on the educational performance of children in the households receiving these remittances. Much of the literature in this area c...

by Muhammad Nasir | On 13 Dec 2011

Toxicity and Profitability of Rice Cultivation under Waste- Water Irrigation: The Case of the East Calcutta Wetlands

The paper reports the results of an empirical study on the profitability of rice cultivation in the East Calcutta Wetlands region where untreated sewage water from the city of Calcutta, India, is us...

by Vivekananda Mukherjee | On 13 Dec 2011

China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of...

by Catherine Shu Ling Tan | On 08 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

Financial distribution, where the distributor is the agent of both the product provider and the customer, has been found to inherently work against the interests of customers, in the form of high ser...

by M Sahoo | On 08 Dec 2011

Efficiency of State Universities and Colleges in the Philippines: A Data Envelopment Analysis

In view of the long-standing issues and concerns that beset the Philippine system of higher education, the study attempts to evaluate the performance of state universities and colleges (SUCs) in the p...

by Janet S Cuenca | On 01 Dec 2011

National Urban Transport Policy

The objective of this policy is to ensure safe, affordable, quick, comfortable, reliable and sustainable access for the growing number of city residents to jobs, education, recreation and such other...

by Ministry of Urban Development GOI | On 30 Nov 2011

Legislative Brief: The Judicial Standards and Accountability Bill, 2010

The Judicial Standards and Accountability Bill, 2010 was introduced in the Lok Sabha on December 1, 2010. The Bill was introduced by the Minister of Law and Justice. The Bill was referred to the Stand...

by Anirudh Burman | On 30 Nov 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

by Arpita Mukherjee | On 28 Nov 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

The Challenge of Food Inflation

The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynam...

by Duvvuri Subbarao | On 24 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

The Pension Fund Regulatory and Development Authority Bill, 2011

A bill to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sche...

by Parliamentary Research Service PRS | On 17 Nov 2011

Cost Effectiveness of Interactive Radio Instruction Program Karnataka: Basic and Program Cost Effectiveness

The Program CEA extends to the study to an impact analysis of the Radio programs to assess whether the expenditure being made for this intervention is helping the students in improving their learnin...

by Shubhashansha Bakshi | On 16 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Financing Infrastructure for Connectivity: Policy Implications for Asia

This paper discusses Asia’s infrastructure needs and its corresponding financing needs and challenges. It proposes ways to address financing gaps by identifying potential financing sources and instr...

by Biswa Nath Bhattacharyay | On 09 Nov 2011

Regulate the Share Markets and Save the Country

The 1% rich and powerful have found the Occupy Wall Street movement unsettling and have also made attempts at curbing its influence and outreach. It is now possible for stock-traders in international...

by Bhalchandra Kango | On 08 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

Does Greater Autonomy Improve Performance? Evidence from Water Service Providers in Indian Cities?

The efficiency of urban water supply in 27 Indian cities are analyzed using data envelopment analysis (DEA). Cities are grouped by the management structure of their water utilities. Utilities with g...

by Shreekant Gupta | On 24 Oct 2011

Discount Rate for Health Benefits and the Value of Life in India

This study contributes to the literature by estimating discount rate for environmental health benefits and value of statistical life of workers in India. The discount rate is imputed from wage-risk...

by K. R. Shanmugam | On 19 Oct 2011

Report on Socio Economic Status of the Women Domestic Workers- A Diagnostic Study in Five Major Townships: Cuttack, Bhubaneswar, Berhmpur, Ssmbslpur and Rourkela of Orissa

Women workers In India constitute one third of the total workforce. Majority of these women are engaged in the un-organized sectors such as agriculture, construction, domestic services etc. The over...

by Bharat Jyoti BJ | On 18 Oct 2011

Recent Global Crisis and the Demand for Gold by Central Banks: An Analytical Perspective

When India purchased 200 tonnes of gold under the International Monetary Fund's limited gold sales programme, it was interpreted inter alia that it may further inflate the gold price when the price...

by Karunagaran A | On 17 Oct 2011

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88 per cent of...

by Abhijit Das | On 13 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

Cross-LoC trade in Kashmir: From Line of Control to Line of Commerce

This study examines how business entities and individuals in Jammu and Kashmir view trade transactions with the other side and perceptions about the economic viability of Cross-LoC trade. More speci...

by Altaf Hussain Kira | On 28 Sep 2011

Labour Market in Urban Agglomerations: A case from an Indian Global City

The study explores different aspects of employment and labour market prevalent in large in UAs, in particular global cities. To capture the role of labour market in urban agglomeration, particularly...

by G.D Bino Paul | On 27 Sep 2011

Estimating Urban and Rural Incomes in Gujarat: 1993-94 to 2004-05

Income originating within geographical boundaries of urban and rural areas of Gujarat is estimated for three benchmark years – 1993-94, 1999-00 and 2004-05 - at current prices following the broad me...

by Ravindra H Dholakia | On 26 Sep 2011

Mitigating Climate Change Through Agriculture

Among the major challenges currently faced by humanity are food security and climate change. Agriculture plays a significant role in both. Adapting to climate change is expected to be an increasing ...

by Claire Schaffnit Chatterjee | On 26 Sep 2011

Integrated Financial MIS for Local Government Public Expenditure Management - A Case Study of Khajane in Karnataka

Expenditure Management is critical to effective public service delivery, especially at the local government level. Leveraging on information systems to aid in expenditure management is viewed as an ...

by Sandeep M S | On 20 Sep 2011

History of Monetary Policy in India since Independence

An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative h...

by Ashima Goyal | On 16 Sep 2011

Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...

by State Bank of Pakistan SBP | On 15 Sep 2011

The Land Acquisition Bill: A Critique and a Proposal

The new Bill on land acquisition recently tabled in Parliament is well intentioned but seriously flawed. Its principal defect is that it attaches an arbitrary mark-up to the historical market price to...

by Maitreesh Ghatak | On 12 Sep 2011

Slower Growth in China: How Much of a Drag on the Global Economy?

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is...

by Steffen Dyck | On 09 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

Status of Micro Finance 2009-10

The data presented covers information relating to savings of Self Help Groups (SHGs) with banks as on 31 March 2010, loans disbursed by banks to SHGs during the year 2009-10, loans outstanding of th...

by National Bank for Agriculture and Rural Devt NABARD | On 29 Aug 2011

Risks, Farmers’ Suicides and Agrarian Crisis in India: Is There A Way Out?

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces...

by Srijit Mishra | On 23 Aug 2011

Technology in Banking- In Pursuit of Excellence

The contribution of technology to the Indian banking industry, the role played by IDRBT and the significance of banking technology awards, in fostering the technological developments of banks. Issues...

by Anand Sinha | On 23 Aug 2011

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

From Economic Meltdown to Social Crunch – Impact of the Global Economic Recession on Social Capital Building in Developing Countries and What We still Don't Know!

This paper draws on the experiences of the Far East Economic Crisis in 1998 and argues that: (1) the poor depended heavily on bonding social capital during the Crisis, but the crunch-point beyond wh...

by Sam Wong | On 22 Aug 2011

The Costs of Achieving the Millennium Development Goals through Adopting Organic Agriculture

This paper provides estimates of the costs of organic agriculture (OA) programs, and sets them in the context of the costs of attaining the United Nations’ Millennium Development Goals (MDGs). It anal...

by Anil Markandya | On 19 Aug 2011

Urbanization in India: Evidence on Agglomeration Economies

The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, an...

by Arup Mitra | On 19 Aug 2011

Does Land Reform Matter? An Empirical Analysis of Indian States

This article looks into the role of land reform in comparison to concentric ef fort to augment agricultural GDP. Redistribut ive land reform policy aims to improve land endowments of poor, though va...

by Debdatta Pal | On 18 Aug 2011

Fertilizing Nature: A Tragedy of Excess in the Commons

Globally, we are applying excessive nitrogen (N) fertilizers to our agricultural crops, which ultimately causes nitrogen pollution to our ecosphere. The atmosphere is polluted by N2O and NOx gas...

by Allen G Good | On 17 Aug 2011

Identifying Systemically Important Financial Institutions (SIFIs)

In this study the analytical framework for identifying and benchmarking systemically important financial institutions is discussed. First, the main concepts underlying the SIFI definition are laid out...

by Christian Weistroffer | On 12 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

The Challenge of Aid in Pakistan: Is Cash on Delivery Part of the Solution?

This brief examines options for a (Cash on Delivery) COD Aid contract in Pakistan’s education sector and its potential benefits for improving the relationship between official donors and the governm...

by Wren Elhai | On 08 Aug 2011

Working and Living Conditions of Women Domestic Workers: Evidences from Mumbai

This paper, exploring primary data collected from 1510 women domestic workers in Mumbai, evidently brings out that domestic work as a feminine occupation in a global city like Mumbai is a epitome of...

by G.D Bino Paul | On 08 Aug 2011

Distress Situation in Dryland Areas Impacts on Livelihood Pattern and the Coping Strategies: A Review

This paper is a review of the different coping mechanisms adopted by the households in different dryland area of India. The primary focus of the present paper is to understand the coping mechanisms...

by Nikhil Govind | On 05 Aug 2011

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Configuring Balanced Scorecards for Measuring Health System Performance: Evidence from 5 Years’ Evaluation in Afghanistan

In 2004, Afghanistan pioneered a balanced scorecard (BSC) performance system to manage the delivery of primary health care services. This study examines the trends of 29 key performance indicators ov...

by Edward Anbrasi | On 04 Aug 2011

Financial Inclusion in India: A case-study of West Bengal

The study seeks to examine the extent of financial inclusion in West Bengal. It is observed from the study that although there has been an improvement in outreach activity in the banking sector, the...

by Sadhan Kumar Chattopadhyay | On 03 Aug 2011

Chronic Poverty in South West Madhya Pradesh: A Multidimensional Analysis of its Extent and Causes

The structuralist perspective envisages poverty, especially in rural India, as a long duration phenomenon. Over time, most of the structural features of poverty have remained more or less intact. As a...

by Amita Shah | On 02 Aug 2011

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Transfer Paths and Academic Performance: The Primary School Merger Program in China

In this paper, the overall goal is to examine the impact of the Rural Primary School Merger Program on academic performance of students using a dataset from a survey that we designed to reflect tran...

by Alexis Medina | On 27 Jul 2011

Government Mediated Program on Intensifying Industry-Academia Linkages for Human Resource Development; Experinces of an Innovative Model from TIFAC

The importance of academia- industry linkages for development of an economy is well recognized. With a view to make the higher technical education relevant, by forging and catalyzing functional link...

by Jancy Ayyaswamy | On 26 Jul 2011

Global Financial Crisis: Implications for Trade and Industrial Restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. Both panel data modeling and vector autoregression techniques are used to understand the dynamic effects of gl...

by Prabir De | On 22 Jul 2011

Beer Drinking Nations: The Determinants of Global Beer Consumption

In this paper the evolution of beer consumption is analyzed between countries and over time. Historically, there have been major changes in beer consumption in the world. In recent times, per capita...

by Liesbeth Colen | On 18 Jul 2011

Indira Gandhi Matritva Sahyog Yojana-A Conditional Maternity Benefit Scheme: A Training Module

The module is designed based on the guidelines of the Scheme prepared by Ministry of Women and Child Development (MWCD), Government of India as a reference and converts information from the guideline...

by Government of India Ministry of Women and Child Development | On 15 Jul 2011

Primary School Teachers: The Twists and Turns of Everyday Practice

The paper examines the role played by of classroom environment in the development of a teacher. The paper studies the concept of 'teacher development' in India. URL:[http://www.eruindia.org/files/Tea...

by Vimala Ramachandran | On 08 Jul 2011

Board Interlocks and Their Impact on Corporate Governance: The Indian Experience - Coping with Corporate Cholesterol

Board interlocks and corporate elites are an engaging field of ongoing academic and policy research around the world, especially because of the concentration of economic power in few individuals or en...

by Bala N Balasubramanian | On 08 Jul 2011

Mutual Funds and Market Development in India

A brief description of the role of Mutual Funds in money markets and government securities makets are provided. Some of the regulatory issues that arise are discussed. The role of Mutual Funds in fina...

by Subir Gokarn | On 08 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

Spatial Inequality in Rural India: Do Initial Conditions Matter?

Disparities in income and living standards across countries and between regions within countries (spatial inequality) have been the subject of much debate and research in recent years. Spatial inequal...

by Hari Nagarajan | On 01 Jul 2011

Policies and Measures to Mitigate Potential Environmental Impacts of Cross Border Infrastructure Projects in Asia

While bringing positive impacts and benefits, cross-border infrastructure projects face additional challenges relative to national projects. Moreover, such projects involve a variety of technical, reg...

by ZhongXiang Zhang | On 27 Jun 2011

Aid and Growth

Some recent literature in the meta-analysis category where results from a range of studies are brought together throws doubt on the ability of foreign aid to foster economic growth and development....

by Tseday Jemaneh Mekasha | On 24 Jun 2011

Diversification in Rural Livelihood Strategies: A Macro-Level Evidence from Jammu and Kashmir

The paper attempts to understand broadly the dynamics of rural livelihood diversification in the state of Jammu and Kashmir. This paper also throws up some issues, which one can delineate at micro-lev...

by Rajeev Sharma | On 20 Jun 2011

Revenue Potential of Panchayats in Kerala

How much more taxes would it be possible for Panchayats in Kerala to collect? This question is important in deciding the financial allocations to such local governments. Information regarding this m...

by Centre for Development Studies | On 17 Jun 2011

Macroprudential Policies: Indian Experience

Reserve Bank of India (RBI) has been using macroprudential polices, more notably the countercyclical policies, since 2004 as a toolkit for ensuring financial stability though it had used them sporadic...

by Anand Sinha | On 16 Jun 2011

Report of the Working Group on Human Resource Policy for Short-Term Cooperative Credit Structure

For the revival of rural cooperative credit institutions, a Working Group was constituted by NABARD to formulate and suggest comprehensive human resource guidelines for the State Cooperative Bank (...

by National Bank for Agriculture and Rural Devt NABARD | On 15 Jun 2011

Poverty, International Migration and Asylum

This WIDER Policy Brief examins issues such as liberalizing migration policies; protecting refugees in regions of origin; addressing the root causes of migration and refugee flows; influencing percept...

by Christina Boswell | On 14 Jun 2011

Frontier Issues on the Global Agenda- Emerging Economy Perspective

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

by Duvvuri Subbarao | On 13 Jun 2011

The Financial Crisis of 2008 and the Developing Countries

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily...

by Wim Naudé | On 13 Jun 2011

The Trappings of Poverty:The Role of Assets and Liabilities in Socio-economic Mobility in Rural Bangladesh

This paper examines the role of assets and liabilities in socio-economic mobility patterns using findings from 293 life-history interviews, conducted by the author and a small team of researchers in r...

by Peter Davis | On 10 Jun 2011

Rethinking the Conceptual Foundations of Kerela's Decentralization in the Light of the Experience during the Past Decade

Though the decade-long decentralization in Kerala has made remarkable achievements in terms of consistent devolution of financial resources, and improvement in the implementation of poverty eradica...

by Centre for Womens Development Studies | On 10 Jun 2011

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

Migration and Health: A Framework for 21st Century Policy-Making

It lays out a migratory process framework that highlights the multistaged and cumulative nature of the health risks and intervention opportunities that can occur throughout the migration process, and ...

by Cathy Zimmerman | On 10 Jun 2011

India in the G20: Macroeconomic Policy Coordination, Regulation and Global Governance

The G20 has assumed a leading role in responding to the current financial crisis and reforming the international financial system. The G20 has emerged as the premier forum for the discussion of these...

by National Council of Applied Economic Research | On 08 Jun 2011

Monitoring Pesticides in Vegetables and the Environment in Meerut District

Farmers in Meerut many pesticides wich are banned in West due to their carcinogenic characteristics. PSI’s staff, accompanied by the staff of Janhit Foundation, collected soil and vegetable samples fr...

by People's Science Institute PSI | On 07 Jun 2011

Procedural Changes Required for Making Local Self Government's Role Effective in Rural Housing in Kerela

This study analyses the implementation of housing schemes for the poor through the Panchayats in Kasargod District of Kerala. It brings to light the severity of the housing problem in this part of t...

by Centre for Development Studies | On 06 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

Budget for Children Analysis: A Beginner's Guide

This toolkit is designed to train individuals and civil society on how to conduct a child centered budget analysis to support their advocacy work and to hold state accoutable for the fulfilment of chi...

by HAQ Centre for Child Rights HAQCRC | On 02 Jun 2011

China’s Housing Markets: Regulatory Interventions Mitigate Risk of Severe Bust

A closer look at the developments in 35 cities across China, looking for potential regional real estate bubbles. An assessment is done about the success of the various policies and their potential n...

by Ulrich Clemens | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Vulnerability in Rural Bangladesh: Learning from Life History Interviews

This paper explores the nature of vulnerability and its relationship to chronic poverty in rural Bangladesh drawing from 293 life-history interviews conducted by the author and a small team of researc...

by Peter Davis | On 31 May 2011

Hong Kong’s Linked Exchange Rate System

Hong Kong has had a linked exchange rate regime of one kind or another for most of its history as a trading and financial centre. In 1863 the Hong Kong Government declared the silver dollar – then a...

by Hong Kong Monetary Authority | On 27 May 2011

Towards a Fair Effective and Sustainable Health Care System for India

Newspapers carry frequent news about increasing government spending in health care and the availability of increasingly more specialised hospital care in India. While facilities in private and gov...

by Rajkumar Ramasamy | On 27 May 2011

Trade Apprenticeship Training in India

The Indian economy was in the mode of globalization and liberalization. But global financial melt down and consequent economic recession in developed economies have clearly been a major factor in...

by Ministry of Labour and Employment | On 24 May 2011

Hedonic Demand for Rented House in Kohima, Nagaland

The objective of this study is to show how the demand for a rentable house can be quantitatively expressed. The data set is obtained by a primary (sample) survey of 209 households randomly selecte...

by S.K. Mishra | On 18 May 2011

How to bring economics into the 3rd millennium by 2020

This paper argues four theses and outlines an action plan. 1. The Global Financial Collapse has created a climate among the intelligentsia - that strongly supports fundamental changes in economi...

by Edward Fullbrook | On 17 May 2011

Causes of Asset Shortages in Emerging Markets

In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...

by Chen Jiaqian | On 17 May 2011

Impact and Sustainability of SHG Bank Linkage Programme

Microfinance programmes are known for their potential to generate income and employment and alleviate poverty in developing countries. They are considered for an important approach to poverty alleviat...

by National Council of Applied Economic Research | On 13 May 2011

Institutional Economics: Its Relevance to the North Eastern Economy of India

Institutionalism is gaining popularity in the recent years. But the idea is not new. Thorstein B Veblen (1857–1929) is the founder of this school of thought.The economic characterization of human beh...

by S.K. Mishra | On 12 May 2011

Non-Recourse Mortgages and Credit Market Breakdowns: A Framework for Policy Analysis

This paper illustrates that the legal structure of mortgage credit, in particular, its status in terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection ...

by Kaushik Basu | On 05 May 2011

Strengthening the Nuclear Nonproliferation Regime

This council special report analyzes the shortcomings of the nonproliferation regime and proposes a comprehensive agenda to shore it up.

by Paul Lettow | On 03 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

Find Me the Money: Financing Climate and Other Global Public Goods

In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF S...

by Nancy Birdsall | On 21 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Himachal Pradesh Budget 2011-12

Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]

by Himachal Pradesh Government of India | On 20 Apr 2011

Targeting and Distribution of Post-Tsunami Aid in Sri Lanka : A Critical Appraisal

In this study, two types of aid transfers - boats and houses are examined- that were made to rehabilitate tsunami-affected fishery households in Sri Lanka. The goal is to investigate the distributio...

by Asha Gunawardena | On 20 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Unique Identity Project in India: A Divine Dream or a Miscalculated Heroism?

This paper, tries to put the current Unique Identity Project (UID) project of India into a perspective to evaluate the set of issues and concerns, as pointed by various stakeholders and try to under...

by Rajanish Dass | On 19 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

Is Economic Growth Associated with Reduction in Child Undernutrition in India?

Economic growth is widely perceived as a major policy instrument in reducing childhood undernutrition in India. The association between changes in state per capita income and the risk of undernutriti...

by Malavika A Subramanyam | On 13 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Budget Speech

This paper presents the annual budget of the Goa Government containing the Annual Financial Statement. URL: [https://www.goa.gov.in/portalweb/login/budget_2011-12/speech.pdf]

by Goa Government | On 06 Apr 2011

Request for Proposal for Selection of Consulting Agency

This paper presents a Solution Approach for Integrated Financial and Human Resource Management Systems for Government of Haryana. URL: [http://www.haryana.gov.in/misc/RFP_eGov_Consultant_IFMS_and_HRM...

by Government of Haryana | On 30 Mar 2011

Was Tsunami Aid Well Targeted? An Examination of Disaster Assistance in Sri Lanka

As countries in South Asia ready themselves for climate change and the possibility of increased frequency in natural disasters, it is useful to understand how well post disaster operations work to...

by South Asian Network for Development SANDEE | On 28 Mar 2011

How to Boost Environmental Literacy – A Case Study from Bangladesh

South Asia, faces a range of environmental problems. Environmental education and increased awareness play an important role in addressing these challenges. [Policy Brief No. 45 -10] URL: [http://ww...

by M. Jahangir Alam Chowdhury | On 25 Mar 2011

Social and Economic Policies to Prevent Complex Humanitarian Emergencies Lessons from Experience

In simple language and with numerous concrete examples, this policy brief analyses the impact - among others - of key ex-ante factors such as acute 'horizontal inequality' between social groups in the...

by Jeni Klugman | On 22 Mar 2011

Macroeconomic Uncertainty and Corporate Liquidity: The Indian Case

Interest in the uncertainties prevailing at the macroeconomic level has always been well known in economic literature. This paper analyses the effect of firm level and macroeconomic uncertainty on t...

by Mrinal Kanti | On 22 Mar 2011

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Banking and Beyond: New Challenges before Indian Financial System

A very basic and core issue for the Indian banking system and that is the challenge of achieving Financial Inclusion. Without being inclusive, financial and economic stability cannot be sustainable. F...

by Chakrabarty K C | On 17 Mar 2011

Budget 2011-12, Punjab

Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

by Government of Punjab | On 16 Mar 2011

Political Economy of Tribal Development: A Case Study of Andhra Pradesh

The paper delineates the situation of the Scheduled Tribes in the background of various policies of the state during the successive plan periods and its impact on their socio-economic mobility. Pol...

by M. Gopinath Reddy | On 16 Mar 2011

Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

The paper presents a switching regression model of investment decision, where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the...

by Saumitra N Bhaduri | On 11 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Female Labour Migration in India : Insights From NSSO Data

The objective of this working paper is to examine the extent of employment oriented migration of females in India and the inter–state variations in its magnitude using NSSO 55th Round Household level...

by Shanthi. K | On 04 Mar 2011

Post-Tsunami Recovery: Lessons from Case Study 1. Sri Lanka

The tsunami of December 26, 2004 left Sri Lanka with over 30,000 people dead, almost a million displaced and an estimated 150,000 people lost their primary source of livelihood. There was massive d...

by Sisira Jayasuriya | On 28 Feb 2011

Sarva Shiksha Abhiyan, GOI 2010-11

Using government data, this brief reports on Sarva Shiksha Abhiyan (SSA) performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Avani Kapur | On 26 Feb 2011

Economic Growth and the Rise of Forests

Although forests have diminished globally over the past 400 years, forest cover has increased in some areas, including India in the last two decades. Aggregate time-series evidence on forest growth...

by Mark Rosenzweig | On 25 Feb 2011

Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and defici...

by IRIS India IRIS | On 22 Feb 2011

Profitability of Foreign Banks vis-à-vis Other Bank Groups in India – A Panel Data Analysis

The paper analysed the financial performance of foreign banks in comparison with other bank groups in India. The study assumes importance in the context of the on-going preparation of roadmap for th...

by P B Rakhe | On 22 Feb 2011

Acreage and Yield Response for Major Crops in the Pre- and Post-Reform Periods in India: A Dynamic Panel Data Approach

Supply response to price changes is likely to increase with the increasing liberalization of the agricultural sector in India. Past studies revealed a weak supply response for Indian agriculture. No...

by G. Mythili | On 21 Feb 2011

Are Housing Prices Rising Too Fast in China?

Sharp increase in house prices combined with the extraordinary lending growth in Mainland China during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole...

by Ashvin Ahuja | On 19 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

The Malaise of the Indian Financial System: The Need for Reforms

The world over, the financial sector is faced with adjustment problems of facing up to rapid changes in the environment. The Indian financial system cannot be immune to this universal phenomenon. What...

by S.S. Tarapore | On 16 Feb 2011

Evolving Regional Financial Architecture in East Asia

Ten years have passed since the Asian financial crisis that devastated not only the currency values and the financial systems of Indonesia, the Republic of Korea, Malaysia, and Thailand, but also t...

by Masahiro Kawai | On 16 Feb 2011

Rural Poverty Dynamics 2005/2006: Evidence from 64-Village Census Plus

This report addresses the recent dynamics of poverty in rural Bangladesh with particular focus on two groups of the poorest - the chronically poor and the extreme poor - based on the 64-village census...

by Zulfiqar Ali | On 14 Feb 2011

Key Principles Underlying the New Modes of Aid Governance in Asia

Based on the recent experience of several Asian developing countries and interviews in Vietnam, Indonesia and Laos with aid practitioners from donor institutions and Non Government Organizations (NGOs...

by Caroline Brassard | On 10 Feb 2011

Proceedings and Resolutions of the Sixth Session of the First Parliament of Bhutan

The 6th Session of the First Parliament commenced on the auspicious 13th Day of 10th Month of Iron Male Tiger Year corresponding to November 19, 2010 with Zhugdrel Phuensum Tshogpai ceremony where His...

by Jigme Tshultim | On 08 Feb 2011

Resolutions of the Sixth Session of the First Parliament of Bhutan

The following bills were resolved to be passed with corrections: The Child Care and Protection Bill; Penal Code Amendment Bill; Anti Corruption Act 2010; and others

by Jigme Tshultim | On 08 Feb 2011

Unregulated Entities, Products, and Markets: Challenges for Monitoring and Regulation

This policy brief examines hedge funds, private equity funds, and innovative financial products, particularly collateralized debt obligations and asset-backed securities, including their overall struc...

by Peter Morgan | On 08 Feb 2011

The Global Financial Crisis and Macroeconomic Policy Issues in Asia

The purpose of this policy brief is to draw lessons from the recent and ongoing macroeconomic policy experience of Asia’s economies. To do so, in each of three policy areas (monetary, fiscal, and e...

by Shinji Takagi | On 04 Feb 2011

Reforming the Indian Financial System

The key features of Indian finance is summarised. With a growing savings rate and a growing share of private corporate capital forma- tion, and with a high growth rate of GDP, Indian finance is rapi...

by Ajay Shah | On 03 Feb 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

by S. Mahendra Dev | On 31 Jan 2011

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | On 31 Jan 2011

Central-Bank Government Relationship in the Context of Emerging Economic Environment

This is a analysis of relationship between the Central Bank of Sir Lanka and the Sri lankan Government. It views the relationship in context of emerging economic environment and global economy.

by P. B. Jauasundera | On 30 Jan 2011

On the Economics of Regional Powers: Comparing China, India, Brazil, and South Africa

As the conception of and debates on regional powers have been led by political science, this paper aims to contribute to the discussion from an economics perspective. Based on the discussion of differ...

by Robert KAppel | On 28 Jan 2011

Estimation of the Affordability, of Land for Housing Purpo Lucknow City, Uttar Pradesh (India): 1970-1990

It is in the early 1990s that we come across studies on some Third World cities that have begun to address the question of land affordability for housing purposes in greater details than what have bee...

by ., Amitabh | On 28 Jan 2011

Presence of Foreign Banks in India

This discussion paper on the form of presence of foreign banks in India has been prepared taking into account, inter-alia, the lessons learnt from the recent global financial crisis and the practice...

by Reserve Bank of India | On 26 Jan 2011

Small Scale Old Age and Widow Allowance for the Poor in Rural Bangladesh: An Evaluation

This study was done to explore the process of targeting, selection and benefits distribution and the use of the allowances, satisfaction, and the association of old age and widow allowances with var...

by . BRAC | On 25 Jan 2011

Combining Health and Social Protection Measures to Reach the Ultra Poor: Experiences of BRAC

Life expectancy and other indicators of health status have, on average, increased markedly across the world during the last century. At the same time, however, health inequities within and between pop...

by Syed Masud Ahmed | On 20 Jan 2011

Cost-benefit Analysis of CFPR

This paper presents a cost-benefit analysis of the first cohort (2002-03) of selected ultra poor (SUP) households of BRAC’s CFPR. The analysis calculates benefit of the programme using primary data...

by Sanjay Sinha | On 20 Jan 2011

Socioeconomic Divides in Tuberculosis Control: Study of Smear-Positive TB Prevalence, Care Seeking Behaviour and Role of Informal Healthcare Providers

The Government of Bangladesh (GoB) has intensified the implementation of the directly observed treatment, short-course (DOTS) strategy with the primary aims (i) to detect and treat at least 70% of T...

by Fazlul Karim | On 12 Jan 2011

Exploring Changes in the Lives of the Ultra Poor: An Exploratory Study on CFPR/TUP Members

Since January 2002, BRAC has started a new experimental programme for the ultra poor called, ‘Challenging the Frontiers of Poverty Reduction/Targeting the Ultra Poor’ (CFPR/TUP). This programme targ...

by Imran Matin | On 10 Jan 2011

Socioeconomic Impact of BRAC’s Non-formal Primary Schools

BRAC started its Non-formal Primary Education (NFPE) programme to improve children’s effective participation in their own socio-economic development by increasing literacy, numeracy and required li...

by Altaf Hossain | On 05 Jan 2011

The Financial Deepening–Productivity Nexus in China: 1987–2001

The financial intermediation–growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more...

by Jun Zhang | On 03 Jan 2011

Estimating the Level and Distribution of Global Household Wealth

In this paper they provide the first estimate of the level and distribution of global household wealth. Mean assets and debts within countries are measured, partly or wholly, for 38 countries using...

by James B. Davies | On 03 Jan 2011

An Inside Look at Two BRAC Schools in Matlab

Since 1985, BRAC has been implementing its Non-Formal Primary Education (NFPE) Programme for disadvantaged children, primarily in the rural areas. From a modest start, the programme has rapidly expa...

by Sabina Rashid | On 29 Dec 2010

Measuring the Quality of Life across Countries: A Sensitivity Analysis of Well-being Indices

This paper attempts to provide a comprehensive analysis of interrelationships among the determinants of the quality of life (QOL). They show that various measures of well-being are highly sensitiv...

by Tauhidur Rahman | On 28 Dec 2010

The Political Economy of Urban Poverty in Developing Countries: Theories, Issues, and an Agenda for Research

The implications of urban development for overall economic prosperity are well known. Employment, housing, policing, infrastructure and social policies in cities have been shaped and institutionalized...

by Raj M. Desai | On 21 Dec 2010

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Sources of Heterogeneity in the Efficiency of Indian Pharmaceutical Firms

Using the non parametric approach of Data Envelopment Analysis (DEA) this paper examines the input and output efficiencies of the Indian pharmaceutical firms for the period 1991 to 2005.

by Subhash C Ray | On 17 Dec 2010

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 Dec 2010

Simple Computations for the Liner Expenditure System

The linear expenditure system developed by Stone (1954) is an extremely useful tool of demand analysis. Its applicability appears to be restricted however by somewhat computations suggested so far in...

by N. Krishnaji | On 16 Dec 2010

Mid Term Appraisal for Eleventh Plan 2007-2012

The Mid Term Appraisal (MTA) reviews the experience in the first three years of the Eleventh Plan and seeks to identify areas where corrective steps may be needed. The Planning Commission has deci...

by Planning Commission, India | On 14 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

The Change of the Financial System and Developmental State in Korea

This study examines the role of institutions and their change related to the rapid economic development and the 1997 Korean financial crisis. In Korea, the government built a state- led financial s...

by Kang-Kook Lee | On 13 Dec 2010

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter- century—now interrupted by the global financial crisis—many low-income households and small firms remain excluded from access to...

by Centre for Global Development | On 10 Dec 2010

Consumer Confidence in Financial Markets

This paper makes an attempt to identify major factors, like currency forfeiting, loan default, capital shortfall, capital flight, etc which undermine consumer confidence in the financial services sect...

by Md. Kabir Ahmed Chowdhury | On 02 Dec 2010

E-Grantz Revolution

This short commentary is about the introduction of e-grantz, an online scheme of distribution of educational assistance to dalit students in Kerala. At the time of admission to a course, students fil...

by Rajesh Komath | On 02 Dec 2010

Developing Incentive Based Mechanisms for Watershed Protection Services through Participatory Hydrological Studies

Peoples’ Science Institute (PSI), Dehradun and Winrock International India (WII), Gurgaon jointly initiated participatory hydrological studies in two micro-catchments that is, the Bhodi-Suan and Kuhan...

by Rajesh Gupta | On 26 Nov 2010

Thailand’s Commercial Banks’ Role in Financing Dams in Laos and the Case for Sustainable Banking

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and j...

by Carl Middleton | On 25 Nov 2010

The World Distribution of Household Wealth

There has been much recent research on the world distribution of income, but also growing recognition of the importance of other contributions to well-being, including those of household wealth. W...

by James B. Davies | On 25 Nov 2010

Spectral Analysis of Non-Stationary Time Series

The aim of this paper is to take stock of the important recent contributions to spectral analysis, especially as they apply to non-stationary processes. Non-stationary processes are particularly re...

by D M NACHANE | On 19 Nov 2010

Total Factor Productivity Growth and Its Decomposition: An Assessment of the Indian Banking Sector in the True Liberalised Era

Assessments of the performance of Indian commercial banks are not new in the literature. However, most of the earlier studies consider relatively partial measures such as technical efficiency of the...

by Anup Kumar Bhandari | On 17 Nov 2010

China in Africa: A Macroeconomic Perspective

In recent years, China has dramatically expanded its financing and foreign direct investment to Africa. This expansion has served the political and economic interests of China while providing Africa...

by Benedicte Vibe Christensen | On 15 Nov 2010

External Debt and Growth in Developing Countries: A Sensitivity and Causal Analysis

The paper aims to enhance the existing literature on the debt-growth nexus by analysing the relationship in two separate country groups using the extreme bounds analysis for sensitivity tests and th...

by Abdur R. Chowdhury | On 10 Nov 2010

A Social Cost Approach to Choice at Technology in Building Construction

This pager is an attempt to apply the technique of social cost-benefit analysis to the problem of choice of technology in building construction in Kerala. [Working Paper No. 030]

by K. P. Kannan | On 10 Nov 2010

Industrial Distribution of Working Force in Kerala

Economic development brings about, with rising national product and income per capita, certain broad changes in the structure of production and industrial distribution of the working force. It has lo...

by P.G.K. Panikar | On 10 Nov 2010

Korea’s Unemployment Insurance in the 1998 Asian Financial Crisis and Adjustments in the 2008 Global Financial Crisis

This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. They study the historical background of the Korean Employment Insurance System and the change of labor...

by Sung Teak Kim | On 04 Nov 2010

Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process: The Case of Four Economies

This paper investigates the prevailing financial regulatory structures and impact of the current financial turmoil on banking performance in four Asian economies: the People's Republic of China (PRC);...

by Chen-Min Hsu | On 03 Nov 2010

Solicited and Unsolicited Credit Ratings: A Global Perspective

They conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998–2003. Specifically, they focused on the solicite...

by Winnie P. H. Poon | On 02 Nov 2010

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Patterns of Inclusive Growth in Developing Asia: Insights from an Enhanced Growth-Poverty Elasticity Analysis

The primary objective of this research is to identify key factors that explain the observed wide variation in patterns of inclusiveness of economic growth—defined here as gross domestic product (GDP...

by Cielito F. Habito | On 26 Oct 2010

Private Financing Firms in Karnataka: A Boon for Tax Dodgers

The growth of government financial institutions in India both in terms of number of branches and quantum of credit has been impressive, especially in the post-blank nationalisation period. [Working Pa...

by D. Rajasekhar | On 23 Oct 2010

Financial Crisis and Crisis Management in Sweden. Lessons for Today

This paper gives an account of the Swedish financial crisis covering the period 1985–2000, dealing with financial deregulation and the boom in the late 1980s, the bust and the financial crisis in the...

by Lars Jonung | On 23 Oct 2010

Reform of the International Financial Architecture: An Asian Perspective

It has taken two crises—the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009—for the international community to seriously focus on the reform of the international finan...

by Masahiro Kawai | On 23 Oct 2010

Political Economy of East Asian Regional Integration and Cooperation

In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region’s economic architecture exhibits ce...

by Saori N. Katada | On 21 Oct 2010

Fiscal Developments and Outlook in India

The paper identifies those elements in the configuration of fiscal parameters confronting the country that give cause for concern, and examines whether the fiscal reform measures taken address these...

by Indira Rajaraman | On 20 Oct 2010

Prudential Discipline for Financial Firms: Micro, Macro, and Market Structures

The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This paper discusses ways to strengthen micro- and macroprudential supervision and...

by Larry D. Wall | On 18 Oct 2010

Fiscal Policy in the Crisis: Impact, Sustainability, and Long-Term Implications

The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fi...

by Pier Carlo Padoan | On 15 Oct 2010

Impacts of the Global Financial Crisis on Small and Medium Enterprises in the People’s Republic of China

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People’s Republic of China’s (PRC’s) small and medium enterprises (SMEs). It also provides relevant policy...

by Xiangfeng Liu | On 15 Oct 2010

Developing Asian Local Currency Bond Markets: Why and How?

This paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond markets. The analysis demonstrates that Asian local currency bond markets made sub...

by Mark M. Spiegel | On 14 Oct 2010

International Reserves and Swap Lines in Times of Financial Distress: Overview and Interpretations

In this paper I review the use of precautionary measures aimed at mitigating emerging markets’ exposure to fragility associated with financial integration. The discussion draws possible lessons from t...

by Joshua Aizenman | On 13 Oct 2010

The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?

How much can regional monitoring of financial markets and coordination of financial sector policies contribute to preventing and mitigating financial crises? This paper reviews and compares the experi...

by Adalbert Winkler | On 13 Oct 2010

The Role of State Intervention in the Financial Sector: Crisis Prevention, Containment, and Resolution

This paper discusses the role of state intervention for prevention, containment, and resolution of financial crises based mainly on the Korean experience during the 1997 Asian financial crisis. Crises...

by Yoon Je Cho | On 12 Oct 2010

Regional Monitoring of Capital Flows and Coordination of Financial Regulation: Stakes and Options for Asia

The ongoing global economic crisis has punished Asian economies severely, despite the fact that its origins derive from outside the region. The global economic crisis was transmitted through real and...

by Michael G. Plummer | On 11 Oct 2010

Securitized Products, Financial Regulation, and Systemic Risk

It is widely believed that the practice of securitization is one of the causes that led to the 2007–08 financial crisis. In this paper, I show that securitized products such as collateralized debt obl...

by Mariko Fujii | On 11 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

The present paper looks at the various dimensions of contributions by forests in the context of the Indian economy. Based on a detailed review of literature on importance and valuation of forests, s...

by Archana S Mathur | On 08 Oct 2010

Trade and Investment Policies and Regional Economic Integration in East Asia

The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the “East Asian Miracle” now must redirect the basis of g...

by Siow Yue Chia | On 08 Oct 2010

Lessons from Japan’s Banking Crisis

The Japanese government’s response to the financial crisis in the 1990s was late, unprepared and insufficient; it failed to recognize the severity of the crisis, which developed slowly; faced no major...

by Mariko Fujii | On 08 Oct 2010

The Blessing of the Commons: Small-scale Fisheries, Community Property Rights and Coastal Natural Assets

This paper is the product of an international research project of the Political Economy Research Institute (PERI), University of Massachusetts, Amherst, USA and the Centre for Science and Environme...

by John Kurien | On 07 Oct 2010

Transparency in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximise the use of scarce financial resources. Some of these objectives are to promote the development of a do...

by Anwarul Hoda | On 07 Oct 2010

Fiscal Policy Issues in Korea after the Current Crisis

This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expans...

by Kiseok Hong | On 07 Oct 2010

Impact of Global Recession on Sustainable Development and Poverty Linkages

The global financial crisis and the resulting economic slowdown may be assumed to have at least the benefit of also reducing environmental degradation in the individual countries. This paper discu...

by Venkatachalam Anbumozhi | On 07 Oct 2010

Electricity Demand Analysis and Forecasting- The Tradition is Questioned

The present paper seeks to cast scepticism on the validity and value of the results of all earlier studies in India on energy demand analysis and forecasting based on time series regression, on three...

by N. Vijayamohanan Pillai | On 05 Oct 2010

Asia’s Role in the Global Financial Architecture

The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...

by Masahiro Kawai | On 05 Oct 2010

Measuring the Environmental Impacts of Changing Trade Patterns on the Poor

It is an empirical fact that it is very difficult to balance economic growth, poverty reduction, and environment protection, particularly for developing and transitional economies. While the economic...

by Kaliappa Kalirajan | On 04 Oct 2010

Risk-return Efficiency, Financial Distress Risk, and Bank Financial Strength Ratings

This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and their risk-return profiles. It is expected that banks with high ratings tend to ear...

by Changchun Hua | On 04 Oct 2010

Estimates of External Trade Flows of Kerela: (1975-76 and 1980-81)

Kerela is a region that is deeply integrated with the Indian and the world economy through various ways such as commodity flows, financial movements, labour migration and operations of national and in...

by T.M. Thomas Issac | On 01 Oct 2010

Public Debt Management in Sri Lanka-Performance in 2009 and Strategies for 2010 and Beyond

The information included in this publication covers the public debt management strategies adopted in 2009, the movements in debt stock during the year and the related costs and risks and the primar...

by Central Bank of SriLanka CBSL | On 30 Sep 2010

Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia

The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluat...

by Ying Yi Tsai | On 30 Sep 2010

Sustainable Economic Growth for India: An Exercise in Macroeconomic Scenario Building

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades n...

by V. Pandit | On 29 Sep 2010

The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives

This paper reviews recent state interventions in financial crises and draws lessons for crisis management. A number of areas are identified where crisis management could be strengthened, including...

by Charles Adams | On 29 Sep 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

Joining the Fight Against Global Poverty: A Menu for Corporate Engagement

This paper speaks to companies seeking practical ways to alleviate global poverty. The private sector has several inherent competitive advantages to bring to bear in this effort through which they c...

by Staci Warden | On 15 Sep 2010

Intellectual Property Protection and the Licensing of Technology to Developing Countries

In this paper, the influence of stronger intellectual property protection on technology transfer into developing countries via licensing is analyzed. Using panel data for the post-TRIPs period 1995-20...

by Sunil Kanwar | On 09 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

Rice Economy of Kerala: A Disaggregate Analysis of Performance

This working paper discusses the rice economy of Kerala, with a disaggregate analysis of its performance. [Working Paper No. 231]

by P.S. George | On 31 Aug 2010

Asia and the IMF

This lecture series begins with a discussion of the reforms that have undertaken in the IMF since the mid-1990s, and particularly since the start of the Asian economic crisis. It concludes with a disc...

by Stanley Fischer | On 04 Aug 2010

Roof above the head - A qualitative assessment of rural housing in India

This paper is based on a set of village visits carried out by the authors as part of a study on rural housing sponsored by Holcim Limited. The views expressed here are those of the authors. [Working...

by Shashanka Bhide | On 03 Aug 2010

European Views on Asia and Europe-Asian Relations

This paper examines in its first part, the views of leading European academics, politicians, lobbyists and opinion-makers on the issue of relations with Asia. The second part of this paper looks at...

by Venil Ramiah | On 29 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Sand in the Wheels of International Finance: Revisiting the Debate in Light of the East Asian Mayhem

The turmoil that has characterised the global financial markets since the 1990s, and particularly the crisis in East Asia, has generated a great deal of support for proposals to add some frictions t...

by Ramkishen Rajan | On 21 Jul 2010

Examining The Case For Reserve Pooling In East Asia: Empirical Analysis

Two features of East Asia’s recovery from the financial turmoil of 1997- 98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relat...

by Ramkishen S. Rajan | On 20 Jul 2010

Morbidity Costs of Vehicular Air Pollution: Examining Dhaka City in Bangladesh

This study estimates the morbidity costs of reduction in air pollution in Dhaka, the capital of Bangladesh, using the Cost-of-Illness (COI) approach. COI is defined as the sum of lost earnings due t...

by Tanzir Chowdhury | On 19 Jul 2010

Unintended consequences?

The Reserve Bank of India (RBI) seems to have decided, somewhat belatedly, to fight for its own autonomy. Well, it’s better late than never, and there is much to recommend in the suggestion by RBI to...

by T.N. Ninan | On 14 Jul 2010

Point of Purchase Communication: Role of Information Search, Store Benefit and Shopping Involvement

Point of Purchase (PoP) is the place where a customer is about to buy the product. This is the crucial point where the exchange takes place. It offers us a last chance to remind or attract customers...

by Dwarika Prasad Uniyal | On 14 Jul 2010

The State of the Indian Economy 2009-10

Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fisc...

by Mathew Joseph | On 14 Jul 2010

Efficiency of Organic Input Units under NPOF Scheme in India

This paper discusses in detail the vast and rich agricultural knowledge that India has developed since ancient times, and the entire agricultural community trying to find an alternative sustainable fa...

by D. Kumara Charyulu | On 08 Jul 2010

Who benefits from public spending on health care in Asia?

In this paper the benefit incidence of public health care subsidies in eleven Asian territories, including India, Indonesia and two provinces of China is examined. The use of concentration indices and...

by Owen O’Donnell | On 01 Jul 2010

The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?

Almost all existing studies on the causes, consequences and policy implications of the economic and financial crisis faced by East Asia have provided only a cursory discussion of broad data at best,...

by Ramkishen Rajan | On 18 Jun 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Public Works Department Delhi Government

Public Works Department is engaged in planning, designing, construction and maintenance of government assets in the field of built environment and infrastructure development. This paper talks about...

by Sabith Ullah Khan | On 16 Jun 2010

Impact Assessment of CFPR/TUP: A Descriptive Analysis Based on 2002-2005 Panel Data

This paper looks at the overall performance of the CFPR/TUP programme using the 2002 baseline survey and 2005 repeat survey. All the topics covered in this study could be analysed more deeply, but tha...

by Mehnaz Rabbani | On 15 Jun 2010

Providing Microfinance and Social Space to Empower Adolescent Girls: An Evaluation of BRAC’s ELA Centres

Lately there has been a surge in the variety of approaches to assist the adolescents, specially the girls, in building up their lives and livelihoods. With financial assistance from Nike Foundation,...

by Rizwana Shahnaz | On 10 Jun 2010

Measuring Discrimination in Education

In this paper, a methodology to measure discrimination in educational contexts is illustrated. In India, exam competition is run through which children compete for a large financial prize and teachers...

by Rema Hanna | On 08 Jun 2010

Addressing Agricultural Power Subsidy: A Case Study of North Gujarat

This paper on the basis of fieldwork in the region of North Gujarat tries to analyze the perceptions among various sections of the farmers and examines whether the subsidy is pro-poor in nature. The...

by Vidyut Joshi | On 07 Jun 2010

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

by Rupa Chanda | On 03 Jun 2010

Gender Development Indicators: Issues, Debates and Ranking of Districts

The present study emphasizes on independent variable analysis in assessing gender development at the disaggregated district level to account for problems such as the major contradiction facing this c...

by Preet Rustagi | On 03 Jun 2010

Education Impact Study: The Global Recession and the Capacity of Colleges and Universities to Serve Vulnerable Populations in Asia

This paper reviews the capacity of colleges and universities to serve poor and vulnerable populations during past and present economic shocks. The main argument is that the environment of the global r...

by Gerard Postiglione | On 27 May 2010

Global Crisis, Environment Volatility and Expansion of Tthe Indian Leather Industry

The present paper attempts to fill in the gap that exists in the Indian Leather industry, and makes some suggestions regarding the expansion of the by examining technical efficiency (TE) of individ...

by Anup Kumar Bhandari | On 26 May 2010

Economics and Efficiency of Organic Farming vis-à-vis Conventional Farming in India

The present paper focuses mainly on the issues like economics and efficiency of organic farming visà- vis conventional farming in India. Four states namely Gujarat, Maharashtra, Punjab and U.P were...

by D. Kumara Charyulu | On 25 May 2010

Urban Governance and Finance in India

Over 330 million people live in India’s cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India’s...

by M. Govinda Rao | On 21 May 2010

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 20 May 2010

Commonwealth Games 2010: Displacement of Persons

This research paper analyses Government policy with regard to Jhuggi-Jhopri clusters- a particular type of housing present in Delhi. These colonies are perceived to be illegal by the Government. Wit...

by Eshaan Puri | On 13 Apr 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

by Ashima Goyal | On 29 Mar 2010

The Impact of the Commonwealth Games 2010 on Urban Development of Delhi -An Analysis with a Historical Perspective from Worldwide Experiences and the 1982 Asian Games

The paper raises some hard questions that need to be answered before one can conclude that events such as Common Wealth Games has a positive effect on the host community. Can the financial requirement...

by Vinayak Uppal | On 23 Mar 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

MDG-Based Poverty Reduction Strategy for West Bengal

The purpose of this paper is to examine the poverty situation in West Bengal in a multidimensional framework and to explore possible strategies towards reduction of poverty in the state, keeping in...

by Achin Chakraborty | On 22 Feb 2010

What Determines the Success and Failure of ‘100 Days Work’ at the Panchayat Level? A Study of Birbhum District in West Bengal

West Bengal is not among the best performing states with regard to NREGA. The performance of all districts in the state is not equally discouraging. Some districts, in fact, have done well in gener...

by Subrata Mukherjee | On 19 Feb 2010

Climate Sensitivity of Indian Agriculture Do Spatial Effects Matter?

Climate change impact studies on agriculture can be broadly divided into those that employ agro-economic approaches and those that employ the Ricardian approach. This study uses the Ricardian approa...

by K S Kavi Kumar | On 05 Feb 2010

Competitiveness of Firms in Indian Automobile Industry

The competitiveness among the firms in Indian automobile industry has been assessed by understanding the factors that determine its competitive advantage. The efforts have been made to construct a com...

by G Burange | On 05 Feb 2010

Revisiting the Need of Improved Stoves: Estimating Health, Time and Carbon Benefits

This study generates some evidence on the costs and benefits of a particular indoor air pollution control initiative. The study is based on a survey of 400 households in Rasuwa district, Nepal,

by Min Bikram Malla Thakuri | On 02 Feb 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Can Mangroves Minimize Property Loss during Big Storms? An Analysis of House Damage due to the Super Cyclone in Orissa

This paper estimates the storm protection benefits due to mangroves during the super cyclone of 1999 in Orissa. By combining GIS data with census information, the paper examines the mangrove mediate...

by Saudamini Das | On 25 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Can Global De-Carbonization Inhibit Developing Country Industrialization?

In this paper, we seek to make a twofold contribution. On outcomes, we focus on manufacturing exports as well as on manufacturing output both in the aggregate and in selected sectors. On policy, the i...

by Aaditya Mattoo | On 19 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

Bihar’s Miraculous Economic Performance: Myth or Reality?

The Indian media has wrongly compared Bihar's (that is, 11.03per cent) average annual growth during the period 2004-05 to 2008-09 with that of Gujarat (that is, 11.05per cent). While the media has quo...

by Shambhu Ghatak | On 14 Jan 2010

Re-Activating Primary Health Centres Through Industrial Partnership in Tamilnadu Is it a Sustainable Model of Partnership?

Kerala’s success in human development demonstrated that efficient functioning of government health care delivery system opens the doors of prosperity for the poor and vulnerable sections of the popu...

by Varatharajan D | On 21 Dec 2009

A Marketing Scheme for Making Money off Innocent People: A User’s Manual

Firms often give away free goods with the product that they sell. Firms often give stock options to their top management and other employees. Mixing these two practices—giving stock options to consu...

by Kaushik Basu | On 15 Dec 2009

Accounting for Results: Ensuring Transparency and Accountability in Financing for Climate Change

This brief seeks to address questions on how the funds are collected, dsitributes at the international level, mechanisms to ensure that the recipient countries are managing the funds in a transparent...

by Athena Ballesteros | On 15 Dec 2009

Mobile Commerce, Mobile Banking - The Emerging Paradigm

What is m-banking, Basic characteristics of m-commerce/e-commerce, Evolution of electronic financial services (e-banking/e-commerce/m-banking/m-commerce), Role of non-banks in Indian Payment Scenario....

by Chakrabarty K C | On 14 Dec 2009

Poverty Dynamics in Rural Sindh, Pakistan

This paper focuses on poverty dynamics and their determinants, using panel survey data for rural Sindh, Pakistan. Households interviewed by the International Food Policy Research Institute (IFPRI) d...

by Hari Ram Lohano | On 10 Dec 2009

GenNext Banking: Issues and Perspectives

The speech covers the macro setting for GenNext banking by way of discussing the demographic composition of India’s population and the nexus between low dependency ratio and saving. It also provides...

by Chakrabarty K C | On 30 Nov 2009

Should Banking Be Made Boring? - An Indian Perspective

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the Int...

by Duvvuri Subbarao | On 25 Nov 2009

Delivering (sustainable) Services on Scale : Anywhere

This paper addresses issues related to public private partnerships that can enable delivery of comprehensive health care to rural communities.

by Prachi Shukla | On 25 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

by T.N. Ninan | On 20 Nov 2009

Muslim Women’s Rights Discourse in the Pre independece Period

The present paper deals with the discourse of the rights of Muslim women in the pre- independence period with particular reference to the Shariat Act 1937 and the Muslim Marriage Dissolution Act 193...

by Sabiha Hussain | On 20 Nov 2009

Low Income Shelter Financing in Slum Upgrading: India Urban Initiatives

This report summarises findings from the USAID-sponsored project on models of financing for slum upgrading in India, undertaken on behalf of SPARC,a Mumbai-based NGO involved in slum upgrading and th...

by Sally Merrill | On 19 Nov 2009

Combining Data, Enhancing Explanation

In this paper the author analyzes the pros and cons of combining data from different sources to revisit some explanatory problems. The problems discussed have risen from a theoretical and analytic g...

by Sarah Irwin | On 18 Nov 2009

Women in Self Help Groups and Panchayti Raj Institutions: Suggesting Synergistic Linkages

Questions about the processes of empowerment generated under each of these interventions and also suggests synergistic linkages between the two are raised.

by Joy Deshmukh Ranadive | On 13 Nov 2009

Track Record of Financial Institutions in Assisting the Poor in Asia

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well micro...

by Richard L Meyer | On 13 Nov 2009

Government vs Weather The True Story of Crop Insurance in India

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme....

by Jennifer Ifft | On 06 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

The Deluge of Debt: Understanding the Financial Needs of Poor Households

This paper is about the financial lives of poor households. It examines the different sources of income and expenditure of the poor households residing in a coastal settlement in Kerala. The method...

by B. S. Suran | On 29 Oct 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Global Nutrition Institutions: Is There an Appetite for Change?

This paper describes the major institutional weaknesses in global nutrition and presents two recommendations to address the joint problems of incoherence, lack of institutional leaders, and persistent...

by Ruth Levine | On 27 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Crash Boom Bang: Second Hand Car Imports in India

The paper analyzes and enumerates the various causes for accidents in Delhi and also suggests possible solution solution to counter the problem and bring down accident rates.

by Arjun Bhattacharya | On 21 Oct 2009

Climate Change and China: Technology, Market and Beyond

The paper discusses the impacts of climate change to the environment of China and most especially to the livelihood of Chinese people there. It analyzed the Chinese government’s position and enumerate...

by Dale Jiajun Wen | On 16 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Rural Health Services at Cross-Roads: Insights from Gujarat

The objective of the paper is to i) understand and document the morbidity profile, ii) examine utilisation of health services, and iii) estimate approximate expenses on health care by th...

by Ratnawali Sinha | On 07 Oct 2009

Emerging Asia's Middle Class-A Force to be Reckoned With

The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that th...

by Steffen Dyck | On 06 Oct 2009

Civil War: A Review of Fifty Years of Research

A review of several decades of scholarship on civil war, focusing on the answers to key questions: Why do wars begin? Who fights? How are armed groups organized? How can we end and prevent internal wa...

by Christopher Blattman | On 05 Oct 2009

Assessing the Impact of Fiscal Policy on Poverty

Fiscal policy measures are a key means by which governments can influence distribution and poverty, but in fact the relationships between fiscal policy and poverty are not well understood. The most c...

by Andrew McKay | On 05 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

by Pradeep Srivastava | On 23 Sep 2009

A Social Cost Approach to Choice at Technology in Building Construction: A Study of Some Alternative Technologies in Kerala

This paper is an attempt to apply the technique of social cost - benefit analysis to the problem of choice of technology in building construction in Kerala. [WP No. 30].

by K P Kannan | On 21 Sep 2009

Chronic Poverty and Development Policy in Sri Lanka: Overview Study

The present study attempts to capture chronic poverty in Sri Lanka by examining general information on poverty and drawing conclusions on those who are likely to be among the chronic poor. Certain p...

by Indra Tudawe | On 17 Sep 2009

What Is the Impact of the Global Financial Crisis on the Banking System in East Asia?

This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the East Asia region in the aftermath of the current global financial crisis. The risks in t...

by Michael Pomerleano | On 07 Sep 2009

Ethics and the World of Finance

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are t...

by Duvvuri Subbarao | On 02 Sep 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Morbidity Patterns In Kerala: Levels and Determinants

This paper examines the levels, patterns, and determinants of morbidity in Kerala. This study is based on a community survey conducted in 2004, in three districts of the state namely Thiruvananthap...

by Navaneetham K | On 14 Aug 2009

A Glimpse of the Tiger: How Much are Indians Willing to Pay for It?

The recreational demand for the Indian Sundarban, which is a World Heritage site and a complex mangrove ecosystem that borders India and Bangladesh is estimated. Two alternative methodologies exist f...

by Indrila Guha | On 13 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

The focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor interventi...

by Chakrabarty K C | On 11 Aug 2009

Village Development Boards (VDBs) in Nagaland

The article describes the constitution and functions of Village Development Boards (VDBs) in NAGALAND where VDBs are considered as “Financial Intermediaries” or “Non-Banking Financial Intermediaries”....

by Karmakar K G | On 06 Aug 2009

South-South FDI vs North-South FDI: A Comparative Analysis in the Context of India

This paper attempts to compare the characteristics of South-South FDI versus North-South FDI in the context of India. The analysis is carried at two levels. First t the overall trends of FDI flows (bo...

by Subhasis Bera | On 28 Jul 2009

Hong Kong's Banks During the Financial Crisis

Despite the negative impact of the current crisis and many remaining uncertainties about the actual economic recovery path, the medium-term outlook for Hong Kong’s banks remains favourable.

by Robert Mülhaupt | On 15 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

Budget Reactions

Budget reactions from various sectors and by various people in the industry

by Leena Chandan | On 10 Jul 2009

Union Budget-First Cut Analysis 2009-2010

The thrust of this budget on the expenditure side is twofold. Continue with the fiscal stimulus measures and extend these for another six months or one years as the case maybe. Significant among these...

by IRIS India IRIS | On 09 Jul 2009

A Status Report on India’s Financial System: A view from the Standpoint of Intermediation and Risk Bearing

The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven...

by Chakrabarti B.B. | On 09 Jul 2009

Financialization of Capital - Deterioration of Working Conditions

This paper addresses the issue of establishing a regulatory regime along the production, supply and value chains of multinational corporations in terms of setting labor standards and protecting worker...

by Fichter Michael | On 08 Jul 2009

Indian Railway Budget 2009-2010

Railway Budget 2009-10

by Mamata Banerjee | On 06 Jul 2009

Labour and Trade Unions in the Financial Sector: Challenges and Perspectives in Contemporary Brazil

The configuration of the liquid wealth involved a reorganization of society and the financial system with on labour and trade union organization in Brazil. The changes involved the redefinition of the...

by Jose Ricrado Goncalves | On 06 Jul 2009

Privatized Retirement And how the Current Crisis has Worsen Worker’s Losses

The debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known b...

by Camila Gripp | On 04 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Report on Utilisation of Funds and Assets Created Through Ganga Action Plan in States Under GAP

The Ganga Action Plan (GAP) was launched by the Government of India in the year 1985 with the objective of abatement of pollution in the river Ganga due to discharge of sewage into the river from the...

by Kirit Parikh | On 03 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Preliminary Note on Financial Crisis and Trade and Investment Treaties

North-South free trade agreements (FTAs), bilateral investment treaties (BITs) and World Trade Organization (WTO) commitments often contain a number of provisions that can increase the likelihood of a...

by Third World Network | On 28 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Sources of FDI Flows to Developing Asia: The Roles of Distance and Time Zones

This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using bilateral FDI flows for the period 1990-2005. With regard to the determinants of FDI...

by Rabin Hattari | On 27 Jun 2009

Is the BDP Ultra Poor Approach Working? Survey of Some Key Issues

The objectives of this paper are to assess the knowledge retention on IGA training, and to explore the quality of participation in financial and non-financial services by the BDP ultra poor. We found...

by Proloy Barua | On 25 Jun 2009

Access to Banking Services and Poverty Reduction: A State-wise Assessment in India

Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the poorest sections of the society. In India, financial inclusion emphasizes to include m...

by Amit. K. Bhandari | On 16 Jun 2009

Disentangling the Global Financial Crisis: A Review of the Global Response

At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the f...

by H. N. Thenuwara | On 15 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

India’s Approach to Capital Account Liberalization

In this paper, the author analyzes India’s approach to capital account liberalization through the lens of the new literature on financial globalization. India’s authorities have taken a cautious and c...

by Eswar S. Prasad | On 09 Jun 2009

Risk Management in the Midst of the Global Financial Crisis

The global economy is passing through its deepest financial and economic crisis of our time. Protecting the Indian economy from the worst impact of the crisis has been a big challenge for the governme...

by D Subbarao | On 08 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

Regulation of Organ Transplantation in Thailand: Does it Work?

End stage organ failure is very distressing condition. Initially, there was only palliativetreatment for end stage organ failure such as hemodialysis or peritoneal dialysis. Later on, the advancement...

by Viroj Tangcharoensathien | On 04 Jun 2009

Trading our Way Out of the Financial Crisis: The Need for WTO Reform

In the context of the deepening global crisis that is pushing millions more women, children, and men into poverty in developing countries, development should be the centerpiece of reforming the global...

by Kevin P. Gallagher | On 29 May 2009

Performance and Development Effectiveness of the Sardar Sarovar Project

The study was undertaken with the objective to review and analyse the costs and benefits of the Sardar Sarovar Dam at this stage, when efforts are being made to complete the last leg of the dam, rai...

by Tata Institue of Social Sciences TISS | On 26 May 2009

Risk Management Lessons from the Global Financial Crisis

During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...

by Jayanth R Varma | On 26 May 2009

Information Technology and Banking – A Continuing Agenda

Speech is about the role of IT in the Indian financial sector [Keynote address at the Banking Technology Awards 2008 of the Institute for Development & Research in Banking Technology, Hyderabad].

by D Subbarao | On 25 May 2009

Insecurities of the Old and Marginalized: Inflation, Oil Shocks, Financial Crisis and Social Security

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...

by Ashima Goyal | On 22 May 2009

Regional Monetary Units for East Asia: Lessons from Europe

This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public pol...

by Girardin Eric | On 22 May 2009

Contextualizing The Urban Healthcare System - Methodology for Developing a Geodatabase of Delhi's Healthcare System.

This paper introduces the setting up of a Geographical Information System on Delhi for studies in the Social Sciences. Through an explaination of their methodological procedure and demonstration of t...

by Pierre Chapelet | On 20 May 2009

PRC-Latin America Economic Cooperation: Going beyond Resource and Manufacturing Complementarity

Despite the rapid development of economic interaction between the People’s Republic of China (PRC) and Latin American and Caribbean (LAC) countries, their trade and investment ties are still in their...

by Masahiro Kawai | On 20 May 2009

Measurement of Employment And Unemployment in India : Some Issues

This paper offers a review of the concepts and definitions used in the NSS Employment-Unemployment Surveys (EUS, for short) which have remained virtually unchanged since they were introduced in the NS...

by K. Sundaram | On 15 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countrie...

by Fan Zhai | On 14 May 2009

The Asian “Noodle Bowl”:Is It Serious for Business?

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regiona...

by Masahiro Kawai | On 13 May 2009

The Two Waves of Service-Sector Growth

This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP o...

by Barry Eichengreen | On 08 May 2009

Globalisation Produces Good Outcomes, Enhance Them: Prof Bhagwati

This paper talks of good outcomes of Globalisation which needs to be further inproved wherein Institutional response mechanisms should be designed to address any problems that may arise in specific ar...

by Jagdish Bhagwati | On 03 May 2009

Social Protection for Informal Workers: Insecurities, Instruments and Institutional Mechanisms

This paper presents a broad definition of social protection to include basic securities, such as income, food, health and shelter, and economic securities including having income generating productive...

by Jeemol Unni | On 01 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

Controlling Money and Politics – An Exercise in Damage Control

In many countries political financial regulations have been introduced.

by Marcin Walecki | On 28 Apr 2009

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

Report of The National Children’s Consultation on Their Right To Housing

A consultation with about 40 children who have faced violations of their housing rights in some form or the other was organized on 13th November 2006 from 9 – 12 am on the National platform of India S...

by India Social Forum ISF | On 14 Apr 2009

Budget 2009-10, Orissa

Budget speech of finance minister

by Orissa Government | On 13 Mar 2009

Contextualizing the Urban Healthcare System:Methodology for Developing a Geodatabase of Delhi's Healthcare System.

This paper introduces the setting up of a Geographical Information System on Delhi for studies in the Social Sciences.Through an explanation of their methodological procedure and demonstration of the...

by Pierre Chapelet | On 27 Feb 2009

Impact of the Global Financial Crisis on India Collateral Damage and Response

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

by Duvvuri Subbarao | On 24 Feb 2009

Voices from the South: The Impact of the Financial Crise

Twenty-one thinkers, academics and policymakers from 14 developing countries present snapshot views of how the financial crisis is affecting their countries

by Globalisation Team IDS | On 31 Jan 2009

Planning for Results: The Public Accountability Information System

The paper proposes a Public accountability information system (PAIS), with a web enabled public information system and a smart card recording all the benefits that the poor are entitled to receive thr...

by Arvind Virmani | On 22 Jan 2009

Health Damage Cost of Automotive Air Pollution: Cost Benefit Analysis of Fuel Quality Upgradation for Indian Cities

An analysis of the economic implication of judicial activism of the apex court of India in the regulation of automotive air pollution is analysed. It estimates the health damage cost of urban air po...

by Ramprasad Sengupta | On 16 Jan 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

What Is the Future for Global Case Management Guidelines for Common Childhood Diseases?

A framework for national surveillance, monitoring, and research that could help inform guideline development in low-income settings. [Plos Medicine Policy Forum].

by Mike English | On 07 Jan 2009

Indian Railways in the Past Twenty Years Issues, Performance and Challenges

To understand the development process of Indian Railway’s over the past twenty years, the study covers issues and strategies related to financial and physical aspects of revenue generating freight and...

by G. Raghuram | On 06 Jan 2009

Homelessness is not just a Housing Problem

Political will, imaginative and collaborative solutions from across the spectrum of health and social care providers are needed to address the needs of homeless individuals.

by Plos medicine Editors | On 06 Jan 2009

Physical Abuse and Adverse Pregnancy Outcome: a Cohort Study

The present study assess association between physical violence during pregnancy and adverse pregnancy outcomes. A cross sectional study using McFarlane's Abuse Assessment Screen (AAS) was done. A syst...

by Dipty Jain | On 06 Jan 2009

Report on the GLobal Financial Crisis and Kerala Economy: Impact and Mitigation Measures

This preliminary report has been prepared with a view to assist the state government in understanding the implications of the crisis, so that appropriate policies and programmes could be chalked to de...

by Centre for Development Studies CDS | On 02 Jan 2009

Government Spending, Trade Openness and Economic Growth in India: A Time Series Analysis

The study examines the impact of aggregate government expenditure and its two broader components such as revenue expenditure and capital expenditure on the growth rate of output in the Indian contex...

by Hrushikesh Mallick | On 22 Dec 2008

The Global Financial Turmoil and Challenges for the Indian Economy

Perspective on the current global turmoil, its impact on India, the outlook for the Indian economy and the challenges that lie ahead for the Indian banking system, in particular. [Speech delivered at...

by D Subbarao | On 19 Dec 2008

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

A Case-Control Study to Assess the Relationship Between Poverty and Visual Impairment from Cataract in Kenya, Philippines and Bangladesh

The aim of this study was to examine the association between visual impairment from cataract and poverty in adults in Kenya, Bangladesh, and the Philippines. A population-based case–control study was...

by Hannah Kuper | On 18 Dec 2008

Suggesting Effective Policy Frames for Chronic Poverty Alleviation in India

This is a continuation of an earlier paper (2005) by the author which dealt with policy implications based on the work done by CPRC in India. There is no map of chronic poverty in India, but have an a...

by N C B Nath | On 16 Dec 2008

Educational Reforms in India: Universalisation of Primary Education in Kerala

The history and evolution and the factors underlying the success of primary education in Kerala. [CDS WP 189].

by P R Gopinathan Nair | On 10 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the var...

by Leeladhar V | On 25 Nov 2008

Changing Interface Between Agriculture and Livestock: A Study of Livelihood Options under Dry Land Farming Systems in Gujarat

The present paper tries to empirically examine the changing profile of distribution and ownership of livestock across different regions of India and specifically for Gujarat. Besides, primary data col...

by Amita Shah | On 21 Nov 2008

Performance of Indian Cement Industry: The Competitive Landscape

The competitiveness among the firms in Indian cement industry has also been evaluated. For the year 2006-07, out of the sample of seventeen firms (90.21% of the total market share), about 47% have re...

by G Burange | On 19 Nov 2008

Ensuring ‘Collective Action’ in ‘Participatory’ Forest Management

This paper is based on a qualitative analysis of three case studies, each belonging to one of three types of institutional structures: Self-initiated, NGO-promoted, and Government-sponsored JFM. The b...

by Rucha Ghate | On 14 Nov 2008

FEER, November 2008: Contents

Can Asia Consume A Way Out of Crisis? Hugo Restall, editor of the REVIEW, looks at the prospects of Asian governments' efforts to jump start domestic demand through Keynesian stimulus packages. F...

by FEER | On 10 Nov 2008

Poverty, Private Property and Common Pool Resource Management: The Case of Irrigation Tanks in South India

This study tries to understand the main causes of tank degradation and the complex interrelationships among poverty, private coping mechanisms and community coping mechanisms that affect tank performa...

by Balasubramanian R | On 17 Oct 2008

Global Financial Turmoil and India’s Look East Policy

The ongoing global financial turmoil represents an end of an era of exuberant financial capitalism. But the transition to a more sedate and scaled down financial sector will be traumatic for the world...

by Mukul Asher | On 15 Oct 2008

Lessons from the Global Financial Crisis with special reference to Emerging Market Economies and India

Each day, there is news of the crisis spreading to a newer part of the world or to a newer institution. What we are going through is an unprecedented crisis; and we will be failing the world if we do...

by Duvvuri Subbarao | On 15 Oct 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

Right to Drinking Water in India

This paper proceeds with approach that it is the constitutional obligation of the State to provide adequate quantity of drinking water to the citizens and also protect water resources as common good...

by Ramachandraiah C | On 13 Oct 2008

Deconstructing China’s and India’s Growth: The Role of Financial Policies

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector...

by Jahangir Aziz | On 07 Oct 2008

Population Growth Trends, Projections, Challenges and Opportunities

Demographic transition is a global phenomenon; population growth is inevitable in the initial phases of the transition. For India the current phase of the demographic transition is both a challenge an...

by Prema Ramachandran | On 26 Sep 2008

Payment and Settlement System in India

The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system...

by Leeladhar V | On 25 Sep 2008

Persistent Inequality: An Explanation Based on Limited Parental Altruism

This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘lim...

by Mausumi Das | On 24 Sep 2008

Winners and Losers of State Electricity Boards Reforms : An Organisational Analysis

This article is mainly based on repeated field inquires in Haryana, Andhra Pradesh and Orissa, at different stages of reform. In these States, the reform, far from precluding to analyse what are class...

by Joel Ruet | On 23 Sep 2008

Financial Inclusion and Information Technology

Today banks have centralised operations, more and more banks and branches are moving to CBS , network based computing, new delivery channels such as networked ATMs, internet banking, smart card based...

by Usha Thorat | On 16 Sep 2008

Backward and Forward Linkages that Strengthen Primary Education

The active participation of children in primary education hinges on a plethora of factors. Physical access is just one dimension. Children do not attend school regularly, and even if they do, they do...

by Vimala Ramachandran | On 10 Sep 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

Growing Services in India - An Inter-Sectoral Analysis Based on State-Level Data

This study is an inter-sectoral analysis of state domestic product data to understand the determinants of the services sector growth in India during the recent years. It is a demand side analysis wh...

by Deepita Chakravarty | On 11 Aug 2008

Factors Influencing Successful Primary School Completion for Chidren in Poverty Context.

The current paper is an attempt to capture the process of child development along the age continuum of 0 to 11, with special reference to children living in diverse poverty situations.

by Vimala Ramachandran | On 08 Aug 2008

An Agenda for Reform of the International Monetory Fund (IMF)

The International Monatory fund is facing an uncertain future. Notewithstanding the important contributions it has made in helping the global economy deal with major economic and financial changes and...

by Jack Boorman | On 06 Aug 2008

Distress Debt and Suicides among Agrarian Households: Findings from Three Villages in Kerala

The factors and process underlying agrarian distress in Kerala by undertaking the case studies of three villages situated in Wayanad and Idukki districts namely, Cherumad, Kappikkunnu and Upputhara. T...

by K.N. Nair | On 31 Jul 2008

EFA Case Study India 2003:Gender Equality in Education (India) Progress in the Last Decade.

While the decline in infrastructure, functionality, quality and attitudes affect all children, given the prevailing social inequalities and hierarchies, these factors affect poor children and among th...

by Vimala Ramachandran | On 28 Jul 2008

Index of Financial Inclusion

The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks a comprehensive...

by Mandira Sarma | On 25 Jul 2008

The Future Role of the IMF: Asian Perspectives

The financial crisis of 1997 gave the Asian region a very hard lesson on the importance of financial stability. The severity of the crisis and the failure of IMF in assisting these countries became a...

by Titik Anas | On 17 Jul 2008

Impact of Organic Farming on Economics of Sugarcane Cultivation in Maharashtra

The primary goal of this paper is to examine the impact of organic farming on economics of sugarcane cultivation in Maharashtra. The study is based on primary data collected from two districts coverin...

by Kshirsagar K G | On 14 Jul 2008

Impact Of Girl Child’s Enrollment On Work Sharing and Distribution Pattern in Families

Ranga Reddy district, where the present study is carried out is marked by low literacy rate and high concentration of child labour. M.V.Foundation adopted 16 Mandals of this district for the impleme...

by Davaluri Venkateshwaralu | On 10 Jun 2008

Narco Analysis, Torture and Democratic Rights

Narco-analysis was started almost seven years back in India, and was also accompanied by the increased use of lie-detection testing used on criminals. It was not taken up by human-rights organisations...

by Amar Jesani | On 14 May 2008

Book Review: Psychoanalytic Polyclinics: Progressive Institutions?

Review of Freud's Free Clinics: Psychoanalysis and Social Justice, 1918-1938 by Elizabeth Ann Danto. New York: Columbia University Press, 2005.

by Eric J. Engstrom | On 14 Apr 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

Climate Variability and Climate change: Implications for Chronic Poverty

The principles of the ‘bottom-up’ approach to adaptation are followed. It believes that one of the starting points for adaptation to climate change should be the present. The focus should not just be...

by Lucy Scott | On 13 Apr 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Andhra Pradesh Budget 2008-09

SPEECH OF SRI K. ROSAIAH, HONOURABLE FINANCE MINISTER WHILE PRESENTING THE BUDGET FOR THE YEAR 2008-09 TO THE ANDHRA PRADESH STATE LEGISLATURE.

by Government Andhra Pradesh | On 10 Mar 2008

Kerala Budget Speech 2008-09

Budget speech 2008-09 by Finance Minister Dr. Thomas Issac

by Government of Kerala Govt | On 07 Mar 2008

The Maternity Benefit (Amendment) Bill, 2007

The Bill seeks to amend the Maternity Benefit Act, 1961.

by Parliamentary Research Service PRS | On 28 Feb 2008

Regulation of Informal Financial Institutions: A Study of Money Lenders in Kerala

The working of money lenders in Kerala are analysed. Based on a sample survey, the paper has estimated the volume of deposits and credits extended by money lenders in Kerala and has brought out the un...

by P D Jeromi | On 13 Feb 2008

Livelihood Risks and Coping Strategies: A Case Study in the Agrarian Village Of Cherumad, Kerala

The various dimensions of livelihood risk as informed by a in-depth case study of an agrarian village namely, Cherumad in Kerala is examined. [WP no. 394].

by K.N. Nair | On 06 Feb 2008

Anti-dumping Protection: Who Gets It? An Exploratory Analysis of Anti-dumping Use in the Most Active User Countries

The industry and firm-level patterns of anti-dumping (AD) use across 18 most active AD user countries are analysed. For the analysis, the study makes use of the newly available “Global Anti-dump...

by Aradhna Aggarwal | On 06 Feb 2008

From Theory to Practice: Translating Research into Health Outcomes

Commenting on recent research articles which look at the potential health benefits of behaviour change, the PLoS Medicine Editors say that publication of the findings of such research is only one part...

by PLoS Medicine | On 01 Feb 2008

An Analysis of Fertility Differentials among Caste Groups in Andhra Pradesh

The fertility differentials among caste groups in Andhra Pradesh are examined in the context of characteristics and interaction hypotheses, using the second National Family Health Survey data. Multiva...

by P Ramesh | On 21 Jan 2008

Financing Arrangements for Nuclear Power Projects in Developing Countries A Reference Book

The IAEA topical seminar on Financing of Nuclear Power Projects in Developing Countries reaffirmed that a major requirement for and constraint on the development of nuclear power projects in developin...

by International Atomic Energy Agency IAEA | On 14 Jan 2008

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

Child Marriage: Social and Economic Linkages and Opportunities for Intervention

The presentation shows the consequences of child marriage, how to prevent child marriage. [Power Point Presentation].

by Geeta Rao Gupta | On 19 Dec 2007

Does Energy Consumption Fuel Economic Growth In India?

Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the...

by Hrushikesh Mallick | On 17 Dec 2007

Mangroves - A Natural Defense against Cyclones: An investigation from Orissa, India

Following this disaster in Orissa caused by a super cyclone there was a great deal of controversy over whether the high levels of mangrove forest destruction in the area had increased the impact of th...

by Saudamini Das | On 13 Dec 2007

Determinants of Choosing an Airline by a Traveller -An Analysis from New Zealand Perspective

The important determinants that have influence on travellers to choosing a particular airline are analysed. Data from primary and secondary sources have been used for this paper. A field survey was co...

by Ershad Ali | On 12 Dec 2007

Sovereign Wealth Funds: Policy Implications for India

Sovereign Wealth Funds (SWFs) will be an integral and significant part of global financial and capital markets even in the medium term. It is important for India to put in place domestic safeguards ag...

by Mukul Asher | On 12 Dec 2007

Urbanisation and Globalisation in the Twenty First Century: Emerging Challenges

The speech mainly gives insights into aspects like what is globalisation, urban growth in the next 30 years, new challenges of Globalisation for Cities, the poor that emerges along with the cities, th...

by Rakesh Mohan | On 06 Dec 2007

Education for All by 2015 Will We Make It?

The EFA Global Monitoring Report offers an authoritative reference for comparing the experiences of countries, understanding the positive impact of specific policies and recognizing that progress ha...

by UNESCO Publishing | On 05 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

Customer Centricity and the Reserve Bank

The Reserve Bank, as the regulator of the banking sector, has been actively engaged, from the very beginning, in the review, examination and evaluation of customer service in the banks. It has been re...

by Leeladhar V | On 26 Oct 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Going Places? Visitors, Enthusiasts and the Public History of Transport

The ways in which the public learns about the histories of transport and travel are explored. The role of displays put on by museums and by heritage transport attractions - organisations such as steam...

by Colin Divall | On 11 Oct 2007

Inititaing Public Debate on Reforms in Higher Education

Idea on National Knowledge Commission, what it is and what are they trying to accomplish, ask for the audience support, understanding and also talk about the need for major reforms in University educa...

by Sam Pitroda | On 05 Oct 2007

Report of the Working Group on Preparing Guidelines for Access to Payment Systems

The Reserve Bank had constituted an internal working group to review the existing access criteria and suggest changes that may be adopted for access to Payment and Settlement Systems. The Group has pr...

by Reserve Bank of India | On 05 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

Position Paper on National Focus Group on Teaching of Mathematics

In the vision of the Group, school mathematics takes place in a situation where: (1) Children learn to enjoy mathematics, (2) Children learn important mathematics, (3) Mathematics is a part of childre...

by R. Ramanujam | On 01 Oct 2007

Interactive Workshop on Qualitative Research: From Data Collection to Data Presentation

Hands-on training in qualitative research in the context of health, nutrition and development. The training included all major steps in qualitative research: deciding objectives, designing tools, data...

by Shubhada Kanani | On 28 Sep 2007

The Reserve Bank and the State Governments: Partners in Progress

The States, relative to the Centre, have taken the centre-stage in the reform process since the areas of highest national priority now fall essentially within the purview of the States. The unique and...

by Y V Reddy | On 26 Sep 2007

Holding Companies in Banking Groups

RBI seeks comments from the public for this paper. Comments may be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, Central Office,...

by Reserve Bank of India | On 19 Sep 2007

Can Horticulture be a Success Story for India?

In spite of being one of the largest producers of fruits and vegetables in the world, the export competitiveness among the Indian producers remains low. But with new marketing initiatives, the post-ha...

by Surabhi Mittal | On 24 Aug 2007

Potential for Sharing Nuclear Power Infrastructure Between Countries

The introduction or expansion of a nuclear power programme in a country and its successful execution is largely dependent on the network of national infrastructure, covering a wide range of activities...

by International Atomic Energy Agency IAEA | On 21 Aug 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 Aug 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007: Legislative Brief

While the Bill promotes the activities of MFOs, there are differing opinions on the cost efficiency of the MFO model. �� NABARD is designated as the regulator of the micro financial s...

by Kaushiki Sanyal | On 08 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Indian Elderly Among Marginal Sections Programmes and Policies in the Era of Globalisation

This paper is an attempt to bring out different needs of elders from different backgrounds and socio-economic groups. The main aim of the paper is to help policy makers in identifying these difference...

by Habibullah Ansari | On 02 Aug 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

Working Draft for Revised Medical Curriculum: Introduction

There has been a global shift in the emphasis from discipline based curriculum to more integrated and problem based curriculum. However, considering the logistics of implementation and constrains in t...

by Task Force on Medical Education | On 21 Jul 2007

Report of the Task Force on Medical Education for the National Rural Health Mission

Some of the major problems in primary healthcare relate to training and capacity building of health service providers in foreseeable future. It is in this background that government set up a Task Fo...

by Task Force on Medical Education | On 21 Jul 2007

Statistical System of India: Some Reflections

The historical development of statistics in India is outlined. The application of statistics in RBI and the areas where statisticians can contribute significantly are also given [Speech delivered on T...

by Rakesh Mohan | On 10 Jul 2007

Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation

The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is...

by Lawrence H. Summers | On 05 Jul 2007

Medico Friend Circle Bulletin, 320-321, DEcember 2006-March 2007

Public Health Education in India -Ritu Priya 1 Public Health Education in India - Some Reflections -Ravi and Thelma Narayan 4 A Few Additional Issues for Discussion at the MFC Meet -Anant Phadke 19 ...

by Medico Friend Circle | On 04 Jul 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Three Essays on the Economics and Finance of Terrorism

Aa framework for the analytical treatment of terrorist problems is suggested and then brings out the importance of financial and socio-economic factors. The framework classifies the various causes of...

by Siddhartha Mitra | On 31 May 2007

Social Capital and Economic Well-being

The proposition that social capital expands household welfare is tested by estimating the effects of social interactions on per capita expenditure among a sample of 810 households in northern Banglade...

by Farhad Ameen | On 30 May 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

Primary Education in India Prospects of Meeting the MDG Target

By using two large repeated cross-sections, one for the early 1990s, and one for the late 1990s, the growth in school enrolment is described and completion rates for boys and girls in India, and to ex...

by Sonia Bhalotra | On 22 Mar 2007

Cluster Analysis of Himachal Tomato

A crate of Himachal tomato was obtained from Azad Mandi, Delhi. It contained 252 fruits. Each fruit was weighed and its axial dimension measured. Data of all 252 fruits was then subjected to cluster a...

by Sharan G | On 20 Mar 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

Revisiting Primary Health Care in the 21st Century

Although ‘Primary Health Care’, as outlined in the famous Alma Ata Declaration has been a central concept and strategy in the field of health care in the late 20th century, it has not found mention in...

by Anant Phadke | On 11 Dec 2006

Report on a Strategic Approach to Research Publishing in South Africa

The effect of globalization on knowledge exchange, which is mediated very largely through scientific journals being published in English, and having their origins in Europe and North America, has resu...

by Academy of South Africa | On 27 Nov 2006

Financial Center Pipedreams

There is no denying that for financiers, Singapore has plenty of buzz these days. When a large European bank held a reception there recently for its prime brokers to meet potential hedge fund clients...

by Hugo Restall | On 09 Nov 2006

Financial Center Pipedreams

Are Singapore’s efforts to become a leading regional financial center gaining as much traction as the recent buzz over hedge funds would lead one to believe?

by Hugo Restall | On 03 Nov 2006

The Teaching of English in the Government/Aided: Primary Schools in Kerala under DPEP

Launched in 1993 as a national initiative to achieve Universalisation of Elementary Education (UEE) through district-level intervention, the District Primary Education Programme (DPEP) was started in...

by Sreedevi K. Nair | On 05 Oct 2006

Book Review: Psychoanalytic Polyclinics: Progressive Institutions?

The book is an account of the aims and motivations that led to the creation of early psychoanalytic out-patient clinics. The book's main focus is on the polyclinics in Vienna and Berlin, with some att...

by Eric J. Engstrom | On 01 Oct 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

An Approach to the 11th Five Year Plan: Towards Faster and More Inclusive Growth

The 11th Plan provides an opportunity to restructure policies to achieve a new vision of growth that will be much more broad based and inclusive, bringing about a faster reduction in poverty and hel...

by Planning Commission | On 19 Jul 2006

Research Ethics in Use of Statistical Methods*

Disagreements and confrontations are common among social scientists regarding conclusions obtained by two researchers on a similar premise. Such disagreements highlight two critical aspects of researc...

by Udaya S. Mishra | On 19 Jul 2006

WCD Thematic Papers I.1: Contributing Paper: Dams and Benefit-Sharing

Historically, hydropower developed in the early 1900s as a local activity with small projects supplying local communities and industry: projects had local impacts and provided local benefits. As dams...

by Joseph Milewski | On 03 Jun 2006

The Mckinnon-Shaw Hypothesis: Thirty Years on:A Review of Recent Developments in Financial Liberalization Theory

The Mckinnon-Shaw Hypothesis, in its’ various forms, is now thirty years old. This paper attempts to survey the literature on the Mckinnon-Shaw Hypothesis and tries to draw out some of the recurrent...

by Firdu Gmech | On 02 Jun 2006

Minimal Visible Inequality is Human Development

The urgent task ahead is the reduction of the visible inequalities in education, health and housing, thus contributing to a broad based evolution of human capabilities. As for the macroeconomic envir...

by Bhanoji Rao | On 11 Apr 2006

American housing market: a source of relief or weakness?

In late March the release of data on sale of new homes in the US showed that it had dropped 10 per cent, the biggest drop in nine years. In the immediate aftermath of this report, the US currency gav...

by V. Anantha Nageswaran | On 07 Apr 2006

Two Kinds of Activism: Reflections on Citizenship in Globalizing Delhi

The paper examines two of the most pressing concerns in Delhi: housing and the environment. The paper reviews the activities of Resident Welfare Associations, Sajha Manch, and Delhi Janwadi Adhikar Ma...

by Sanjeev K. Routray | On 14 Jun 2013

India’s Pharmaceutical Industry in the WTO Regime: A SWOT Analysis

A SWOT analysis of the Indian Pharmaceutical Industry (IPI) in the WTO regime reveals that the much acclaimed IPI’s expertise in process development skills were made possible by the amendments made...

by N. Lalitha | On 28 Mar 2006

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Elementary Education: Rising Expenditure, Poor Quality: Book Review

Review of 'The Economics of Elementary Education in India: The Challenge of Public Finance, Private Provision and Household Costs' edited by Santosh Mehrotra; Sage, New Delhi; 2005, pp.328.

by P. Geetha Rani . | On 20 Jan 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

Pension Benefits/Business in India

Power Point Presentation on Pension Benefits/business

by K. Subramanyam | On 12 Jan 2006

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

India: From White Collar to Blue

India has joined China as the darling of the global investor community. Much of this is well deserved since 14 years of economic reform have genuinely transformed the economy. However, the main driver...

by Sanjeev Sanyal | On 09 Dec 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 Nov 2005

Has Financial Development Made the World Riskier?

Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...

by Raghuram G. Rajan | On 16 Nov 2005

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

False Dawn on Budget Front

Essentially, the Outcome Budget (OB) as formulated now is nothing more than the performance budget with a promise that it would be extended to non-plan outlays too. As an idea, regardless of the labe...

by A. Premchand | On 20 Sep 2005

Gender, Caste, Class, and Health Care Access

The research discussed in the report revisits the notion of access to health care in Koppal, an economically disadvantaged district in northern Karnataka. This issue is important to households experie...

by Aditi Iyer | On 08 Aug 2005